Centre for Efficiency and Productivity Analysis
Published: Jan 1, 2005
Abstract
Purchasing power parities (PPPs) are necessary for the conversion of nominal incomes into real incomes for purposes of comparison across countries. The International comparison Program (ICP) is the main source of PPPs but PPPs are compiled only for a few benchmark years with coverage limited to participating countries. Consequently, the Penn World Tables (PWT) has become the main source of PPPs and real income data for growth studies. Despite...
Paper Details
Title
Centre for Efficiency and Productivity Analysis
Published Date
Jan 1, 2005
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