Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program

The International Comparison Program (ICP) is a worldwide statistical initiative—the largest in geographical scope, in implementation time frame, and in institutional partnership. It estimates purchasing power parities (PPPs) for use as currency converters to compare the size and price levels...

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Main Author:	World Bank
Format:	Working Paper
Language:	en_US
Published:	Washington, DC 2015
Subjects:	purchasing power parity gross domestic product GDP relative prices national prices
Online Access:	http://hdl.handle.net/10986/22520

id	okr-10986-22520
recordtype	oai_dc
spelling	okr-10986-225202021-04-23T14:04:09Z Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program World Bank purchasing power parity gross domestic product GDP relative prices national prices The International Comparison Program (ICP) is a worldwide statistical initiative—the largest in geographical scope, in implementation time frame, and in institutional partnership. It estimates purchasing power parities (PPPs) for use as currency converters to compare the size and price levels of economies around the world. Numerous methodological improvements and operational guidelines were introduced in the 2011 round of the ICP for the advancement of the program. The Operational Guidelines and Procedures for Measuring the Real Size of the World Economy is a compilation of ICP operational guidelines and material prepared by the ICP 2011 Global Office team, consultants, and international experts. It describes the approach to and data requirements for the main price survey and special surveys, including the various guidelines produced and survey forms. It also covers the framework and requirements for national accounts activities for the ICP. In addition, this guide describes the procedures followed for data validation, computation of national annual averages, calculation of PPPs, aggregation, and linking. Disclosure of the procedures underlying the ICP 2011 process heightens the transparency of the program and allows interested stakeholders and users of the results to delve into the ICP methods and operational aspects in order to better understand and interpret the results. 2015-08-19T21:13:45Z 2015-08-19T21:13:45Z 2015-08 Working Paper http://hdl.handle.net/10986/22520 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	purchasing power parity gross domestic product GDP relative prices national prices
spellingShingle	purchasing power parity gross domestic product GDP relative prices national prices World Bank Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program
description	The International Comparison Program (ICP) is a worldwide statistical initiative—the largest in geographical scope, in implementation time frame, and in institutional partnership. It estimates purchasing power parities (PPPs) for use as currency converters to compare the size and price levels of economies around the world. Numerous methodological improvements and operational guidelines were introduced in the 2011 round of the ICP for the advancement of the program. The Operational Guidelines and Procedures for Measuring the Real Size of the World Economy is a compilation of ICP operational guidelines and material prepared by the ICP 2011 Global Office team, consultants, and international experts. It describes the approach to and data requirements for the main price survey and special surveys, including the various guidelines produced and survey forms. It also covers the framework and requirements for national accounts activities for the ICP. In addition, this guide describes the procedures followed for data validation, computation of national annual averages, calculation of PPPs, aggregation, and linking. Disclosure of the procedures underlying the ICP 2011 process heightens the transparency of the program and allows interested stakeholders and users of the results to delve into the ICP methods and operational aspects in order to better understand and interpret the results.
format	Working Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program
title_short	Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program
title_full	Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program
title_fullStr	Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program
title_full_unstemmed	Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program
title_sort	operational guidelines and procedures for measuring the real size of the world economy : 2011 international comparison program
publisher	Washington, DC
publishDate	2015
url	http://hdl.handle.net/10986/22520
_version_	1764451314783223808

Operational Guidelines and Procedures for Measuring the Real Size of the World Economy : 2011 International Comparison Program

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