Report of Investigations 4387-4 - United States. Bureau Of Mines

Eurostat, The Oecd 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 Methodological Manual, 2012 Edition, Gives A Complete, Detailed And Up-to-date Description Of The Functioning Of The Programme. This Includes Its Organisation, The Various Surveys Carried Out By Participating Countries And The Ways Ppps Are Calculated And Disseminated. It Also Provides Guidance On The Use Of Ppps. Foreword Acknowledgements Table of contents Overview 1. Purpose of the Eurostat-OECD PPP Programme 1.1 Introduction 1.2 General approach 1.3 Exchange rates and PPPs 1.4 Using PPPs 2. Data requirements 2.1 Introduction 2.2 Consistency with national accounts 2.3 Comparability and representativity 2.4 Actual data requirements 3. Organisation 3.1 Introduction 3.2 Institutional framework 3.3 Survey organisation 4. Component expenditures of GDP 4.1 Introduction 4.2 The expenditure approach to GDP 4.3 The expenditure classification 4.4 Reporting and validation of expenditure data 5. Consumer goods and services 5.1 Introduction 5.2 Survey process 5.3 Preview and planning 5.4 Pre-survey and product list creation 5.5 Price collection and intra-country validation 5.6 Inter-country validation 5.7 Evaluation 5.8 Derivation of national annual prices 5.9 Estimation of PPPs for non-survey years 5.10 Synergies between PPP and CPI price collection 6. Housing 6.1 Introduction 6.2 Actual and imputed rents 6.3 Rent survey 6.4 Calculating PPPs for housing 6.5 Validation of housing data 7. Health 7.1 Introduction 7.2 Classification of health expenditures 7.3 Price collection: purchases from market producers 7.4 Price collection: government-produced health services 7.5 Hospital services 7.6 Towards an output based approach 8. Education 8.1 Introduction 8.2 The output method 8.3 Data sources 8.4 Quality adjustment factors 8.5 Calculating PPPs for education 8.6 Validation of education data 9. Collective services 9.1 Introduction 9.2 Collective services 9.3 Input-price approach 9.4 Survey of compensation of government employees 9.5 Productivity differences 10. Equipment goods 10.1 Introduction 10.2 General approach 10.3 Survey process 10.4 Pre-survey and item list creation 10.5 Price collection 10.6 Reporting prices 10.7 Validation of prices 10.8 Adjustment for non-deductible VAT 10.9 Estimation of PPPs for equipment goods in non-survey years 11. Construction 11.1 Introduction 11.2 General approach 11.3 Survey process 11.4 Bills of quantities 11.5 Rolling survey approach 11.6 Collection and reporting of prices 11.7 Validation of prices 11.8 Adjustment for non-deductible VAT 12. Calculation and aggregation of PPPs 12.1 Introduction 12.2 Calculation of PPPs for a basic heading 12.3 Aggregation of basic heading PPPs 13. Presentation and disseminationof results 13.1 Introduction 13.2 Presentation of results 13.3 Eurostat annual publication schedule 13.4 OECD estimation of PPPs outside benchmark years 13.5 Data access policy 13.6 Consistency between Eurostat, OECD and ICP results Annexes 1. Brief history of the programme 2. Eurostat legal framework 3. Classification of GDP expenditures 4. Quaranta editing procedure 5. Calculation and aggregation of EKS PPPs 6. Differences between Eurostat and OECD comparisons 7. International comparison programme 8. A comparison of different aggregation methods Glossary Abbreviations and acronyms