Constructing Bounds on Per Capita Income Differentials Across Countries

The results of purchasing power parity (PPP)-based comparisons of income across countries can be quite sensitive to the choice of index number formula. Tighter bounds on per capita income differentials can be constructed either by assuming homothetic preferences, or by estimating a demand system. Both approaches are used to construct bounds on per capita income differentials across the OECD countries. The paper concludes by discussing the strengths and weaknesses of each approach

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Year of publication:	2008
Authors:	Hill, Robert J.
Publisher:	[S.l.] : SSRN
Subject:	Nationaleinkommen \| National income \| Welt \| World \| Regionale Einkommensverteilung \| Regional income distribution \| Einkommensverteilung \| Income distribution \| Wirtschaftliche Konvergenz \| Economic convergence
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Scandinavian Journal of Economics, Vol. 102, No. 2 Volltext nicht verfügbar
Classification:	C43 - Index Numbers and Aggregation ; F31 - Foreign Exchange ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014037608