Definition: Average test for PPPs

Purchasing power parities

A test that requires the PPP (Purchasing power parity) for an aggregate to lie between the smallest and the largest of its component PPPs.

Source:
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD Methodological Manual on Purchasing Power Parities", Publications Office of the European Union, Luxembourg, 2012

Created:
2008-01-30

Updated:
2019-05-10