Comparisons of Prices and Real Products in Latin America by J. Salazar-Carrillo, D. S. Prasada Rao

By J. Salazar-Carrillo, D. S. Prasada Rao

Contained during this e-book are reviews on the topic of the computation of buying energy parities for evaluating actual source of revenue and product between Latin American international locations. The important parts of source of revenue and product comparisons are mentioned: from designing and executing benchmark reports, to extrapolating effects for non-benchmark years. varied comparative equipment and size innovations, together with index quantity formulations, are thought of. Comparisons of Latin international locations with different international locations also are undertaken.

This quantity goals to light up the thorny theoretical and methodological matters fascinated about neighborhood comparisons, and to facilitate the sensible software of the comparative method of the numerous sided coverage difficulties generated via a speedily integrating foreign financial system.

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Both expenditure weights would have to come from the published estimates of national accounts. Net exports^^ of goods and services normally constitute egory within the G D P . ^® W i t h respect to changes in inventories or stocks, the t r e a t m e n t of these values must parallel t h a t of net exports. Although the values in this i t e m may be negative, changes in inventories are usually positive. In addition we should point out t h a t this item is classified as capital formation in national accounts.

Latin Amencan Compansons: Methods 53 b) P r o d u c e r , Manufacturer or B r a n d In all cases a note should be m a d e of t h e producer, manufacturer or b r a n d , variety, etc. in order t o identify t h e p r o d u c t . T h e p r o d u c t s will b e selected beforehand by t h e supervisors of t h e survey a n d , in conjunction with t h e m e m b e r s of t h e itinerant c o m m i t t e e in light of earUer survey, in consultation with m e r c h a n t s or producers, t a k i n g i n t o account t h e specifi­ cations a n d other sections of each d o c u m e n t .

For t h e purposes of analysis and presentation of results, t h e subcategories a n d items included in Appendix II would be t h e m a x i m u m limits of disaggregation recommended. Should some estimates of t h e disaggregation coming from national ac­ counts exist, even if unpublished, they shoidd be used and be supplemented with information from family budget surveys. W h e n these two alternative sources are not consistent, t h e more reliable of t h e two will be chosen. 2. Public Consumption Information would be obtained on t h e disaggregation of the expenditure on p u b h c consumption in 1979 or in t h e most recent year available.

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