Proposal to carry out a survey in order to use exchange rates as proxy PPPs for machinery and equipment : paper for session three (anglais)

The standard procedure used in ICP 2005 for estimating PPPs for machinery and equipment involved collecting prices for about 100 core products that had been selected by the Global Office and had been specified in SPDs (Standard Product Descriptions). The standard procedure proved difficult for many countries because the SPDs referred to items that were not commonly used in their countries. It is also expensive to collect prices for machinery and equipment...
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