2009 Purchasing Power Parity Update for Selected Economies in Asia and the Pacific

A Research Study

Business & Finance, Economics, Statistics
Cover of the book 2009 Purchasing Power Parity Update for Selected Economies in Asia and the Pacific by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789290928614
Publisher: Asian Development Bank Publication: September 1, 2012
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789290928614
Publisher: Asian Development Bank
Publication: September 1, 2012
Imprint: Asian Development Bank
Language: English

This report presents the research initiative to explore an alternative methodology for extrapolating purchasing power parities (PPPs) for 21 participating economies in the Asia and Pacific region. The 2009 PPP Update provides an intermediate benchmark and more firmly based real expenditures and price level indexes for 2009 than would have been possible using the conventional extrapolation technique. The results include PPP-based gross domestic product and its major aggregates of actual final consumption; collective consumption expenditure by general government; gross fixed capital formation; changes in inventories and net acquisitions of valuables; and, balance of exports and imports.

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This report presents the research initiative to explore an alternative methodology for extrapolating purchasing power parities (PPPs) for 21 participating economies in the Asia and Pacific region. The 2009 PPP Update provides an intermediate benchmark and more firmly based real expenditures and price level indexes for 2009 than would have been possible using the conventional extrapolation technique. The results include PPP-based gross domestic product and its major aggregates of actual final consumption; collective consumption expenditure by general government; gross fixed capital formation; changes in inventories and net acquisitions of valuables; and, balance of exports and imports.

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