IMF Applications of Purchasing Power Parity Estimates
IMF Working Papers, November 1, 2010
Source details
- Canonical URL
- IMF Applications of Purchasing Power Parity Estimates
Other formats
Bibliographic details
- Authors: Mick Silver
- Published: November 1, 2010
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781455209538.001
Summary of main uses
- The IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP)-adjusted Gross Domestic Product (GDP) are:
- as an element of the formula used to help guide decisions on its members’ quotas; and
- in the World Economic Outlook (WEO).
- The paper was written as a chapter on “IMF uses of PPPs” for the 2011 ICP Handbook.
Measurement issues salient to IMF usage
- The paper outlines and considers measurement issues including:
- PPP imputations for member countries not participating in the ICP;
- PPP estimates for non-benchmark years;
- timeliness and periodicity of PPP estimates;
- economy groupings; and
- transparency.
Subject classification and keywords
- Subject: Exchange rates, Expenditure, Market exchange rates, Public investment and public-private partnerships (PPP), Purchasing power parity
- Keywords: benchmark PPP estimate, estimate, GDP, IMF usage, PPP GDP, WP
Content based on the IMF web landing page for "IMF Applications of Purchasing Power Parity Estimates" (IMF Working Paper No. 2010/253).
Content in this bundle
- _wp10253 - References