International and interarea comparisons of income, output, and prices / edited by Alan Heston and Robert E. Lipsey.

Format:

Book

Conference/Event

Contributor:

Heston, Alan W.

Lipsey, Robert E.

Conference on Research in Income and Wealth.

Conference Name:

CRIW Conference on International and Interarea Comparisons of Price, Income, and Output (1996 : Arlington, Va.)

Series:

Studies in income and wealth ; v. 61.

Studies in income and wealth ; v. 61

Language:

English

Subjects (All):

National income--Congresses.

National income.

Prices--Congresses.

Prices.

Physical Description:

1 online resource (546 p.)

Edition:

1st ed.

Place of Publication:

Chicago, Ill. : University of Chicago Press, 1999.

Language Note:

English

Summary:

Economists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal terms, or by using exchange rates across countries, ignoring differences in price levels and thus distorting the results. Great progress has been made in interspatial comparisons in the past thirty years, but descriptions and discussions of the new measures have been scattered in unpublished or inaccessible papers. International and Interarea Comparisons of Income, Output, and Prices includes discussions of developments in the United Nations International Comparison Program, the largest effort in this field, and in the ICOP program on the production side, including efforts in both to extend the comparisons to the formerly planned economies. Other papers in this volume explore new programs on interspatial comparisons within the United States. There are also theoretical papers on how interspatial comparisons should be made and several examples of uses of such comparisons.

Contents:

1. Theoretical bases of multilateral interspatial comparisons

2. Interarea price and wage comparisons

3. Informal reports on methods and the geographic expansion of the international comparison program

4. Reports from the international comparisons of output and productivity program

5. Applications of international comparison data.

Notes:

Rev. papers from the CRIW Conference on International and Interarea Comparisons of Prices, Income, and Output held in Arlington, Va., Mar. 15-16, 1996.

Includes bibliographical references and index.

ISBN:

9786611223595

9781281223593

128122359X

9780226331126

0226331121

OCLC:

476228554