The International Comparison Program (ICP) comparisons of gross domestic product (GDP) are based on the value of an individual item equaling the product of its price and quantity (that is, the ...
International Journal of Health Economics and Management, Vol. 19, No. 2 (June 2019), pp. 115-153 (39 pages) This paper provides empirical evidence of the existence of a long-run causal relationship ...
Purchasing power parities (PPPs) are primarily used to convert economies’ national accounts expenditures on GDP and its components into a common currency. PPPs control for differences in price levels ...
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