Abstract

  


 



Does PPP-Adjusted Data Exaggerate the Relative Size of Poor Economies?


Patrick Honohan


Central Bank of Ireland; Trinity College Dublin - Department of Economics; University of Dublin - Institute for International Integration Studies (IIIS); Centre for Economic Policy Research (CEPR)
April 1998

CEPR Discussion Paper Series No. 1865

Abstract:     
Conventional PPP-adjusted real output measures, invaluable for making international comparisons of living standards, may greatly exaggerate the productive capacity of poor countries. The equilibrium prices of an hypothetical world of full economic integration provide an instructive basis for evaluating the potential share of different countries in world output.

JEL Classification: F43, O47

working papers series


Date posted: September 16, 1998  

Suggested Citation

Honohan, Patrick, Does PPP-Adjusted Data Exaggerate the Relative Size of Poor Economies? (April 1998). CEPR Discussion Paper Series No. 1865. Available at SSRN: http://ssrn.com/abstract=108208

Contact Information

Patrick Honohan (Contact Author)
Central Bank of Ireland ( email )
P.O. Box 559
Dame Street
Dublin, 2
Ireland
Trinity College Dublin - Department of Economics ( email )
Dublin 2
Ireland
University of Dublin - Institute for International Integration Studies (IIIS)
The Sutherland Centre, Level 6, Arts Building
Trinity College
Dublin 2
Ireland
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
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