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

Download or read book 2009 Purchasing Power Parity Update for Selected Economies in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-09-01 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.