Does PPP-Adjusted Data Exaggerate the Relative Size of Poor Economies

Conventional PPP-adjusted real output measures, invaluable for making international comparisons of living standards, may greatly exaggerate the productive capacity of poor countries. The equilibrium prices of an hypothetical world of full economic integration provide an instructive basis for evaluating the potential share of different countries in world output.

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Year of publication:	1998-04
Authors:	Honohan, Patrick
Institutions:	C.E.P.R. Discussion Papers
Subject:	Developing Countries \| Purchasing Power Parity \| world distribution of income

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 1865
Classification:	F43 - Economic Growth of Open Economies ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005656364