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    Purchasing Power Parity Preliminary Report: 2005 International Comparison Program in Asia and the Pacific

    Asian Development Bank | July 2007
    Abstract
    The 2005 round of the International Comparison Program in Asia and the Pacific region (ICP Asia Pacific) has achieved a number of milestones. The simultaneous participation of the People’s Republic of China and India, which together account for 64% of the total real gross domestic product of the 23 participating economies, was a first for the ICP and significantly increased the coverage of the round. In addition, the diversity in the economies in terms of size, geography, and statistical capacities was overcome as the 23 participating economies worked harmoniously to generate price and national accounts data that are broadly comparable. Further, the estimates of purchasing power parities in this round are far more robust than previous rounds because of improvements in methodology, data collection, data review, and data processing. Finally, the ICP Asia Pacific has established the technical know-how and institutional requirements that future ICP rounds could build on.
    Citation
    Asian Development Bank. 2007. Purchasing Power Parity Preliminary Report: 2005 International Comparison Program in Asia and the Pacific. © Asian Development Bank. http://hdl.handle.net/11540/6311.
    Keywords
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Free Trade
    Trade Agreements
    Trade Policy
    Economic Development
    Economics
    International Economics
    Intraregional Trade
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Trade policy
    Economic development
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Free trade
    Business
    Economics
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    Citable URI
    http://hdl.handle.net/11540/6311
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    Author
    Asian Development Bank
    Theme
    Trade
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise