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Studies in Global Econometrics is a collection of essays on the use of cross-country data based on purchasing power parities. The two major applications are the development over time of per capital gross domestic products, (including that of their inequalities among countries and regions) and the fitting of cross-country demand equations for broad groups of consumer goods.
The introductory chapter provides highlights of the author's work as relating to these developments. One of the main topics of the work is a system of demand equations for broad groups of consumer goods fitted by means of cross-country data. These data are from the International Comparison Program, which provides PPP-based figures for a number of years and countries.
Similar data are used for the measurement of the dispersion of national per capita incomes between and within seven geographic regions.
List of contents
The geographic distribution of gross world product, 1950-1990.- The spatial autocorrelation of per capita GDPs.- The informational fit and fitting of cross- country demand systems.- Cross-country variation of real income and relative prices.- The quality of consumption in rich and poor countries.- A cross-country analysis of consumption patterns.
Summary
Studies in Global Econometrics is a collection of essays on the use of cross-country data based on purchasing power parities. One of the main topics of the work is a system of demand equations for broad groups of consumer goods fitted by means of cross-country data.
