PURCHASING POWER PARITIES: DEVELOPING METHODS AND COMPUTATIONS PRACTICES IN 2014 CIS ICP
Abstract
Purchasing power parities (PPP) is a unique tool for macroeconomic analysis. The Global international comparison Program is arranged according to a regional principle. CIS countries form one of the regions. While linking the regional comparison (CIS ICP) results to the global ones, one should bear in mind that Russia participates in EU/OECD regional comparison as well. In the previous comparison cycles the issue of linking regional CIS and EU/OECD comparisons was resolved using the direct linear recalculation method, which ensures fixity of the results, but does not correspond to the common methodology of international comparisons. Within the most recent cycle of CIS ICP which was conducted using 2014 data (2014 CIS ICP), a qualitatively better method was elaborated and used to link regional results - a «partially-multilateral comparison» PMC method. This experience is described in the article.
About the Authors
Andrey E. Kosarev
Interstate Statistical Committee of the Commonwealth of Independent States
Russian Federation
Russian Federation
Sergey M. Sergeev
Statistics Austria
Austria
Austria
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Review
For citations:
Kosarev A.E., Sergeev S.M. PURCHASING POWER PARITIES: DEVELOPING METHODS AND COMPUTATIONS PRACTICES IN 2014 CIS ICP. Voprosy statistiki. 2017;1(9):19-26. (In Russ.)
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