The Hedonic Country Product Dummy Method and Quality Adjustments for Purchasing Power Parity Calculations /

The 2005 International Comparison Program's (ICP) estimates of economy-wide purchasing power parity (PPP) are based on parity estimates for 155 basic expenditure headings, mainly estimated using country product dummy (CPD) regressions. The estimates are potentially inefficient and open to omitt...

Full description

Bibliographic Details
Main Author: Silver, Mick
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/271
Online Access:Full text available on IMF