Definition: Average test for volumes

Purchasing power parities

A test that requires the volume index for an aggregate to lie between the smallest and the largest of its component volume indices (2012 Methodological manual on purchasing power parities).

A test that requires the per capita volume index for an aggregate to lie between the smallest and the largest of its component per capita volume indices (2005 Methodological manual on purchasing power parities).
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:
Updated:

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