Operational Guidelines and Procedures for Measuring the Real Size of the World Economy

ICP operational guide - Operational Guidelines and Procedures for Measuring the Real Size of the World Economy

PDF | eBook part 1 & Part 2

The ICP Operational Guide, Operational Guidelines and Procedures for Measuring the Real Size of the World Economy, is a compilation of ICP operational material prepared by the ICP Global Office staff and consultants for the 2011 round of the program. It describes the approach and data requirements for the main price survey and special surveys, including various guidelines produced and survey forms. It also covers the framework and requirements for National Accounts activities for the ICP. In addition, the Guide offers guidelines for data validation, computing national annual averages, calculating PPPs, aggregation, and linking.

The Guide uses material prepared under the ICP global and regional programs, as well as OECD and Eurostat material on their PPP program. The Guide also relies on material from the ICP book, Measuring the Real Size of the World Economy.


ICP Operational Guide (PDF by chapter)



Contents, Foreword, Acknowledgments & Abbreviations


I The ICP Framework

1 National Accounts Framework for the ICP

2 ICP Classifications

3 ICP Data Types

II Approach and Data Requirements

4 Household Consumption: Approach and Data Requirements

5 Fast-Evolving Technology Items: Approach and Data Requirements

6 Water: Approach and Data Requirements

7 Private Health: Approach and Data Requirements

8 Private Education: Approach and Data Requirements

9 Housing: Approach and Data Requirements

10 Government: Approach and Data Requirements

11 Machinery and Equipment: Approach and Data Requirements

12 Construction and Civil Engineering: Approach and Data Requirements

13 Computation of National Annual Averages

III Data Validation

14 Validation Tables

15 Validation of Household Consumption Data

16 Validation of Housing Data

17 Validation of Government Employee Compensation Data

18 Validation of Machinery and Equipment Goods Data

19 Validation of Construction and Civil Engineering Data

20 Validation of Availability and Importance Indicators

21 Validation of National Accounts Expenditures

22 PPP Validation

IV PPP Computation and Linking

23 Elementary Aggregation Using the Country Product Dummy (CPD) Method

24 Reference PPPs

25 PPP Aggregation above the Basic Heading Level Using the GEKS Method

26 Linking and Calculation of Global Results