Parallel session IARIW 2014

1. SESSION 8C: MEASURING THE
SIZE AND THE STRUCTURE OF
THE WORLD ECONOMY II
Organizers: D.S. Prasada Rao
(University of Queensland, Australia)
& Michel Mouyelo-Katoula (World
Bank)
Chair: Michel Mouyelo-Katoula
IARIW 33rd General Conference, Rotterdam, the
Netherlands, August 24-30, 2014

2. 2
PWT 8.0 – A USER GUIDE
ECONOMETRIC ESTIMATION AND AGGREGATION OF PPP
PANELS FOR COMPONENTS OF GDP
THE SPACE-TIME (IN)CONSISTENCY OF THE SYSTEM OF
NATIONAL ACCOUNTS: CAUSES AND CURES
A UNIFIED FRAMEWORK FOR THE ESTIMATION OF INTRA
AND INTER COUNTRY FOOD PURCHASING
POWER PARITIES WITH APPLICATION TO CROSS COUNTRY
COMPARISONS OF FOOD EXPENDITURE: INDIA, INDONESIA
AND VIETNAM
SUB-NATIONAL PPPS:
METHODOLOGY AND APPLICATION BY INTEGRATION OF CPI
AND PPP DATA
INEQUALITY AND POVERTY IN AFRICA: REGIONAL UPDATES
AND ESTIMATION OF A PANEL OF INCOME DISTRIBUTIONS
6
P
A
P
E
R
S
PPP
EXTRAPO
LATIONS
SUB-NATION.
PPPS
POVERTY

3. I PWT 8.0 – A USER GUIDE
• Robert Inklaar (University of Groningen,
Netherlands),
• Robert Feenstra (University of California Davis,
USA) and
• Marcel Timmer (University of Groningen,
Netherlands)
OUTLINE
3
AUTHORS
• A substantially revised version of the Penn World
Table (PWT)
• To introduce a user guide is to provide a nontechnical
overview of PWT version 8.0 describing the new
concepts, how is the dataset constructed, how can it be
best used in research and what are some of the main
limitations.
OBJECTIVE
• Erwin Diewert: University of British Columbia,
Canada, and University of New South Wales,
Australia
DISCUSSANT

4. ECONOMETRIC ESTIMATION AND
AGGREGATION OF PPP PANELS FOR
• Alicia Rambaldi (University of Queensland,
Australia),
• Linh Huynh (University of Queensland, Australia) and
• Prasada Rao (University of Queensland, Australia)
OUTLINE
4
AUTHORS
COMPONENTS OF GDP
II
• To discus a number of issues associated with PPP
extrapolation, as well as a method to aggregate the
estimates to measure PPP for GDP. The approach is an
extension of the method proposed by Rao et al.
[2010]-RRD for aggregate GDP.
OBJECTIVE
DISCUSSANT • Kim Zieschang: IMF

5. THE SPACE-TIME (IN)CONSISTENCY
OF THE SYSTEM OF NATIONAL
ACCOUNTS: CAUSES AND CURES
• Nicholas Oulton (London School of Economics, UK)
OUTLINE
5
III
AUTHORS
• This paper considers the issue GDP or consumption
estimation consistency over space and time, from a
theoretical standpoint.
OBJECTIVE
DISCUSSANT • Kim Zieschang: IMF

6. A UNIFIED FRAMEWORK FOR THE ESTIMATION
OF INTRA AND INTER COUNTRY FOOD PURCHASING
POWER PARITIES WITH APPLICATION TO CROSS
COUNTRY COMPARISONS OF FOOD EXPENDITURE:
• Amita Majumdar (Indian Statistical Institute),
• Ranjan Ray (Monash University, Australia) and
• Kompal Sinha (Monash University, Australia)
OUTLINE
6
AUTHORS
INDIA, INDONESIA AND VIETNAM
IV
• To estimate inter country and intra country PPPs using
unit values and household expenditure data
OBJECTIVE
DISCUSSANT • Prasada Rao

7. • Luigi Biggeri (University of Florence, Italy) and
• Laureti Tiziana (University of Tuscia, Italy)
OUTLINE
7
AUTHORS
SUB-NATIONAL PPPS:
METHODOLOGY AND APPLICATION BY INTEGRATION
OF CPI AND PPP DATA
V
• To discuss the methodological and computational
problems of constructing sub-national PPPs
considering the integration of CPI and ICP price and
expenditure data, that is by using CPI and related
expenditures.
OBJECTIVE
DISCUSSANT • Paul Konijn- Eurostat.

8. • Duangkamon Chotikapanich (Monash University,
Australia),
• Gholamreza Hajargasht (University of Melbourne,
Australia),
• William E. Griffiths (University of Melbourne,
Australia) and
• Charley Xia (University of Melbourne, Australia)
OUTLINE
8
AUTHORS
INEQUALITY AND POVERTY IN AFRICA:
REGIONAL UPDATES AND ESTIMATION OF A PANEL
OF INCOME DISTRIBUTIONS
VI
• To update/estimate estimates for inequality and
poverty for 1993, 2000, 2005 and 2011 using 2011
ICP results, and
• To compile a panel of income distributions for a large
number of countries in Africa for the years between
1993 and 2011.
OBJECTIVE
DISCUSSANT • Nicholas Rohde: Griffith University, Australia

9. • 15 minutes
OUTLINE
9
DISCUSSANT
TIME MANAGEMENT
QUESTIONS • 5 minutes
ANSWERS • 5 minutes