Aggregation of Economic Indicators Across Countries : Exchange Rate versus PPP Based GDP Weights /

Relative GDP shares are frequently used as weights in aggregations. In order to ensure that these weights reflect countries' shares in real output, GDP data in national currencies should be converted into a common numeraire currency at purchasing power parity (PPP) rates. A review of the empiri...

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Bibliographic Details
Main Author: Schulze-Gattas, Marianne
Other Authors: Gulde, Anne
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/036
Online Access:Full text available on IMF