Understanding Changes in Methodology between the 2005 and 2011 International Comparison Programs
This paper provides an overview of the technical decisions that underlie the results of the 2011 international comparison program (ICP) and concludes that there are no further steps or computations that will have any substantive impact on the final...
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/20220598/understanding-changes-methodology-between-2005-2011-international-comparison-programs-tenth-executive-board-meeting http://hdl.handle.net/10986/20416 |
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okr-10986-204162021-04-23T14:03:55Z Understanding Changes in Methodology between the 2005 and 2011 International Comparison Programs McCarty, Paul Vogel, Fred AVERAGE PRICES BENCHMARK BENCHMARKS COMPENSATION RATES CONSUMERS CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC STRUCTURES ECONOMIC THEORY EQUIPMENT EXCHANGE RATES EXPENDITURE EXPENDITURES GDP GOVERNMENT EXPENDITURES HOUSING INPUT PRICES INTERNATIONAL COMPARISON MATERIAL PRICE COMPARISONS PRICE LEVEL PRICE LEVELS PRICE STRUCTURES PRICING MODELS PRODUCT SPECIFICATIONS PRODUCTIVITY PURCHASING PURCHASING POWER REGIONAL LEVEL REGIONAL PRODUCT RESULT RESULTS RURAL AREAS TOTAL FACTOR PRODUCTIVITY USES WAGES This paper provides an overview of the technical decisions that underlie the results of the 2011 international comparison program (ICP) and concludes that there are no further steps or computations that will have any substantive impact on the final results. It also provides a review of methodological changes that can affect the comparison of the 2011 results with the 2005 results. The 2005 ICP produced estimates of purchasing power parities (PPPs), real expenditures, and price level indexes for 146 countries around the world, making it the largest statistical exercise undertaken on a global basis. A number of new techniques were introduced in the 2005 ICP, and the detailed data available from that round enabled an in-depth analysis to be undertaken of not only the results but also the impact of various methods that were employed, particularly those used to link the PPPs for the six regions to provide consistent estimates for all 146 countries. This report details the choices made for ICP 2011 and how they affect comparability with ICP 2005. 2014-10-10T19:27:08Z 2014-10-10T19:27:08Z 2014-01-24 http://documents.worldbank.org/curated/en/2014/01/20220598/understanding-changes-methodology-between-2005-2011-international-comparison-programs-tenth-executive-board-meeting http://hdl.handle.net/10986/20416 English International Comparison Program (ICP) CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research The World Region The World Region World |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AVERAGE PRICES BENCHMARK BENCHMARKS COMPENSATION RATES CONSUMERS CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC STRUCTURES ECONOMIC THEORY EQUIPMENT EXCHANGE RATES EXPENDITURE EXPENDITURES GDP GOVERNMENT EXPENDITURES HOUSING INPUT PRICES INTERNATIONAL COMPARISON MATERIAL PRICE COMPARISONS PRICE LEVEL PRICE LEVELS PRICE STRUCTURES PRICING MODELS PRODUCT SPECIFICATIONS PRODUCTIVITY PURCHASING PURCHASING POWER REGIONAL LEVEL REGIONAL PRODUCT RESULT RESULTS RURAL AREAS TOTAL FACTOR PRODUCTIVITY USES WAGES |
| spellingShingle |
AVERAGE PRICES BENCHMARK BENCHMARKS COMPENSATION RATES CONSUMERS CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC STRUCTURES ECONOMIC THEORY EQUIPMENT EXCHANGE RATES EXPENDITURE EXPENDITURES GDP GOVERNMENT EXPENDITURES HOUSING INPUT PRICES INTERNATIONAL COMPARISON MATERIAL PRICE COMPARISONS PRICE LEVEL PRICE LEVELS PRICE STRUCTURES PRICING MODELS PRODUCT SPECIFICATIONS PRODUCTIVITY PURCHASING PURCHASING POWER REGIONAL LEVEL REGIONAL PRODUCT RESULT RESULTS RURAL AREAS TOTAL FACTOR PRODUCTIVITY USES WAGES McCarty, Paul Vogel, Fred Understanding Changes in Methodology between the 2005 and 2011 International Comparison Programs |
| geographic_facet |
The World Region The World Region World |
| relation |
International Comparison Program (ICP) |
| description |
This paper provides an overview of
the technical decisions that underlie the results of the
2011 international comparison program (ICP) and concludes
that there are no further steps or computations that will
have any substantive impact on the final results. It also
provides a review of methodological changes that can affect
the comparison of the 2011 results with the 2005 results.
The 2005 ICP produced estimates of purchasing power parities
(PPPs), real expenditures, and price level indexes for 146
countries around the world, making it the largest
statistical exercise undertaken on a global basis. A number
of new techniques were introduced in the 2005 ICP, and the
detailed data available from that round enabled an in-depth
analysis to be undertaken of not only the results but also
the impact of various methods that were employed,
particularly those used to link the PPPs for the six regions
to provide consistent estimates for all 146 countries. This
report details the choices made for ICP 2011 and how they
affect comparability with ICP 2005. |
| format |
Publications & Research :: Working Paper |
| author |
McCarty, Paul Vogel, Fred |
| author_facet |
McCarty, Paul Vogel, Fred |
| author_sort |
McCarty, Paul |
| title |
Understanding Changes in
Methodology between the 2005 and 2011 International
Comparison Programs |
| title_short |
Understanding Changes in
Methodology between the 2005 and 2011 International
Comparison Programs |
| title_full |
Understanding Changes in
Methodology between the 2005 and 2011 International
Comparison Programs |
| title_fullStr |
Understanding Changes in
Methodology between the 2005 and 2011 International
Comparison Programs |
| title_full_unstemmed |
Understanding Changes in
Methodology between the 2005 and 2011 International
Comparison Programs |
| title_sort |
understanding changes in
methodology between the 2005 and 2011 international
comparison programs |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/01/20220598/understanding-changes-methodology-between-2005-2011-international-comparison-programs-tenth-executive-board-meeting http://hdl.handle.net/10986/20416 |
| _version_ |
1764445249175814144 |