Price Levels and Economic Growth : Making Sense of the PPP Changes between ICP Rounds

To the surprise of many observers, the 2005 International Comparison Program (ICP) found substantially higher purchasing power parity (PPP) rates, relative to market exchange rates, in most developing countries. For example, China s price level ind...

Full description

Bibliographic Details
Main Author: Ravallion, Martin
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100318141230
http://hdl.handle.net/10986/3729