Subnational purchasing power of parity in OECD countries: Estimates based on the Balassa-Samuelson hypothesis
Due to the lack of Purchasing Power Parities (PPPs) at regional level, regional Gross Domestic Product (GDP) figures have been traditionally adjusted using national PPPs. The simplifying assumption that all regions of a country have the same cost of living, and implicitly that there are no regional...
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Weitere Verfasser: | , , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2019
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Schriftenreihe: | OECD Regional Development Working Papers
no.2019/12 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Due to the lack of Purchasing Power Parities (PPPs) at regional level, regional Gross Domestic Product (GDP) figures have been traditionally adjusted using national PPPs. The simplifying assumption that all regions of a country have the same cost of living, and implicitly that there are no regional differences in prices, might lead to regional GDP figures (adjusted for national PPPs) that are biased and might limit the design and implementation of regional policies. This paper tries to overcome this problem by estimating PPPs at subnational level (TL2 regions) for OECD countries through a new method which uses publicly available data and is based on the Balassa-Samuelson hypothesis. |
Beschreibung: | 1 Online-Ressource (33 p.) |
DOI: | 10.1787/3d8f5f51-en |
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author | Costa, Alex |
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publishDate | 2019 |
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spelling | Costa, Alex VerfasserIn aut Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis Alex, Costa ... [et al] Paris OECD Publishing 2019 1 Online-Ressource (33 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Regional Development Working Papers no.2019/12 Due to the lack of Purchasing Power Parities (PPPs) at regional level, regional Gross Domestic Product (GDP) figures have been traditionally adjusted using national PPPs. The simplifying assumption that all regions of a country have the same cost of living, and implicitly that there are no regional differences in prices, might lead to regional GDP figures (adjusted for national PPPs) that are biased and might limit the design and implementation of regional policies. This paper tries to overcome this problem by estimating PPPs at subnational level (TL2 regions) for OECD countries through a new method which uses publicly available data and is based on the Balassa-Samuelson hypothesis. Urban, Rural and Regional Development Garcia, Jaume MitwirkendeR ctb Raymond, Josep Lluís MitwirkendeR ctb Sanchez-Serra, Daniel MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/3d8f5f51-en Volltext |
spellingShingle | Costa, Alex Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis Urban, Rural and Regional Development |
title | Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis |
title_auth | Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis |
title_exact_search | Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis |
title_full | Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis Alex, Costa ... [et al] |
title_fullStr | Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis Alex, Costa ... [et al] |
title_full_unstemmed | Subnational purchasing power of parity in OECD countries Estimates based on the Balassa-Samuelson hypothesis Alex, Costa ... [et al] |
title_short | Subnational purchasing power of parity in OECD countries |
title_sort | subnational purchasing power of parity in oecd countries estimates based on the balassa samuelson hypothesis |
title_sub | Estimates based on the Balassa-Samuelson hypothesis |
topic | Urban, Rural and Regional Development |
topic_facet | Urban, Rural and Regional Development |
url | https://doi.org/10.1787/3d8f5f51-en |
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