| Chapter |
Summary |
rus* |
eng |
Chapter 1.
Overview of the ICP |
This chapter provides an introduction and overview of the International Comparison Program (ICP). It discusses the purpose and objective of the Program, the purpose of the ICP Handbook, its intended audience, what is purchasing power parity (PPP), how to calculate PPPs, the inter-relationships between PPPs, exchange rates, volume indices, and price indices for GDP, issues of comparability, the role of PPPs in the statistical system, integration of data collection and processing between the ICP and CPI. |
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Chapter 2.
Execution of the ICP 2004 round |
This chapter looks at arrangements made to rectify problems in past rounds, and the planning and execution strategy of the 2004 round of the ICP. It explains issues such as the ownership of the ICP, funding, organization and governance structure including roles and responsibilities of the Executive Board and the Technical Advisory Group, etc. in the context of the current round of the ICP |
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Chapter 3.
GDP and main expenditure aggregates |
This chapter defines the final expenditure components of GDP and explains the prices used to value them. It introduces the classifications to be used for the different expenditure components and describes the data sources commonly used to break down final expenditures in the necessary detail |
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Chapter 4.
Price concepts and quality |
This chapter and the following chapter are concerned mainly with how to draw up the lists of products for pricing in different countries. Chapter 4 addresses topics such as basic price concepts, representativity, comparability, brands, quality and methods of quality adjustment, etc. It also includes a summary description of how purchasing power parities are calculated at the level of the basic heading as an understanding of the methodology used helps elucidate the role of representativity and comparability in drawing up lists of products. |
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Chapter 5.
Product lists, specifications and the pre-survey
Chapter 5, Annex. Examples of Structured Product Descriptions |
This chapter describes how the lists of products to be used for pricing by countries are drawn up. It explains how the Structured Product Descriptions (SPDs) are constructed and how the detailed Product Specifications (PSs) which are used by the price collectors in the field are derived from the SPDs. The first part of the chapter is devoted to Structured Product Descriptions and the related Product Specifications. Subsequent sections describe the Pre-Survey and the process of building up the final lists of products to be priced |
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Chapter 6.
Sampling and price collection |
This chapter is concerned with the sampling survey procedures to be used to collect the prices of household consumption goods and services. The chapter has two annexes. The first deals with the estimation of target PPP indices from samples of price observations. The annex also addresses the issue of missing prices. The second annex deals with the question of the sizes of the samples of outlets needed for price collection purposes. It shows how to calculate the minimum sample sizes needed to achieve certain levels of precision in the estimated average prices. |
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Chapter 7.
Editing and validation (draft for comments) |
This chapter contains guidelines for validation and editing of ICP data at national and regional levels with reference to the ICP/CPI Tool Pack. It addresses issues such as distribution of responsibilities at the national level, organization of ICP price collection within a country, the exact matching approach and exceptions to it, numeric checking of preliminary input data, outliers and statistical inference, validation steps at the regional level, the iterative revision of prices, etc. |
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Chapter 8.
The government sector |
This chapter explains market and non-market output, the purpose and functions of different levels of government, measuring government output in the ICP, collective and individual services, the outlays of government, government expenditure weights, the valuation of government consumption (current expenditure), non-profit institutions, etc. |
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Chapter 9.
Gross capital formation |
This chapter provides a detailed explanation of issues related to gross capital formation, including price surveys for gross capital formation, some related problems, representativity and comparability, etc. |
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Chapter 10.
The estimation of PPPs for basic headings |
This chapter describes the methods that may be used to estimate purchasing power parities at the level of a basic heading. The national average prices of the selected products within each basic heading are used as inputs into the estimation of the parities. The national average prices are those emerging from the price collection and validation processes described in the preceding chapters. |
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Chapter 11.
The Ring Comparison |
This chapter is concerned with the estimation of PPPs at the level of the basic heading from the prices for individual products collected by countries. The previous chapter explained how basic heading parities are estimated within each of the regions. The purpose of the present chapter is to explain how these intra-regional parities -- that is, the inter-country parities within a region – estimated by the six ICP regions can be linked to obtain a single set of transitive parities at a global level. |
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Chapter 12.
Housing and dwelling Services |
This chapter explains: (a) the methods that may be used to estimate expenditure on dwellings as part of final consumption expenditure of households; (b) the information required on rents; and (c) the data on dwelling services that participating countries are required to submit for ICP 2004. It also contains a questionnaire on dwellings. |
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