Purchasing power parities for Latin America and the Caribbean, 2005-2013: methods and results

Epstein, Hernán
Marconi, Salvador

2016-08

1
LC/G.2683-P

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This work sets out some methodological aspects and gross domestic product (GDP) series for Latin America and the Caribbean for the period 2005-2013, expressed in purchasing power parities (PPP), and points out a number of limitations applying to this sort of exercise. Comparisons are made with series (at current and constant prices) denominated in dollars at market exchange rates, and also with the results of the 2005 round of the International Comparison Programme. A number of hypotheses are advanced to interpret the behaviour of the main economic variables calculated in the study.

PRICES; COMPARATIVE ANALYSIS; PURCHASING POWER; GROSS DOMESTIC PRODUCT; ANALISIS COMPARATIVO; PRODUCTO INTERNO BRUTO; PODER DE COMPRA; PRECIOS;