Measuring the Real Size of the World Economy
The Framework, Methodology, and Results of the International Comparison Program (ICP)
Paperback
This volume provides a comprehensive review of the statistical theory and methods underlying the estimation of purchasing power parities (PPPs) and real expenditures, the choices made for the 2005 International Comparison Program (ICP) round, and the lessons learned that led to improvements in the 2011 ICP.