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We investigate the existence of Granger-causality between current account and government budget balances over the period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based on SUR systems and Wald tests with country specific...
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This manual explains the why, the how, and the when of the international price and volume comparisons of GDP organised by Eurostat and the OECD and it provides advice on the use and interpretation of PPP figures they publish.
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The OECD, Eurostat, and 47 participating countries work together in establishing purchasing power parities, or PPPs, in order to compare the price and volume levels of the GDPs. This programme is called the Eurostat-OECD PPP Programme. The manual gives a complete, detailed and up-to-date...
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This manual sets out the full methodology of producing PPPs within the ‘Eurostat-OECD PPP Programme’ – a programme in which the Eurostat and OECD have been working together in producing and publishing Purchasing Power Parities (PPPs) for their respective member countries. PPPs are...
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