Definition: Direct volume comparison
Purchasing power parities
A volume comparison between two or more countries that is made by comparing the volumes of a representative sample of comparable products. Volume comparisons are not usually made directly, but indirectly as described under "indirect volume comparison" (2012 Methodological manual on purchasing power parities).
A volume comparison between two or more countries that is made by comparing the volumes (or quantities) of a representative sample of comparable products. Volume comparisons are not generally made directly, but indirectly as shown under "indirect volume comparison". Also referred to as the "quantity approach" (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
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