The World Bank releases global purchasing power parity report
May 25, 2020 08:53 Source: "China Social Sciences", May 25, 2020, No. 1932 Author: Reporter Wang Xiaozhen Intern reporter Chen Yu Tong

May 19,The World Bank released the report "Purchasing Power Property and the World Economic scale -2017 International Comparison Project Results" report。Report to calculate the purchase power parity method,I got a series of important conclusions。Report display,Data calculation according to the data submitted by 176 countries and regions,2017,Calculated according to the purchasing power parity method,The total economic scale of these economies is $ 11.95 trillion。Where,China ’s GDP in 2017 was US $ 19.6 trillion,Living in the World (176 Economy) First Point,accounting for 16.4%of the world's total economic amount。

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International comparative project is one of the world's largest data statistical practice,It is also a complex international statistical work。In recent years,Its working method Bet365 app download is becoming more and more complete。2017 International Comparison Project use the latest technology,Enhanced data quality guarantee,Introduced with a complete and more transparent process to generate statistical results。

The working method of the international comparative project mainly includes three aspects。First, determine the final expenditure of the domestic account system (SNA) definition (Final Expenditures on GDP。Second, choose a series of products and services for pricing,Selected products and services as products,It should be comparable between various economies,​​and can represent the important part of the final purchase of various economies。Third is the method of calculating the purchase power parity,Statistical statistical comparison in the area first,and then global comparisons across regions。

There is a reference year for each international comparative project,Each economy of each project must provide the data required for the reference year,It mainly includes: select the price of the product from a clearly defined product;、The national bet365 best casino games economic accounting expenditure details based on the local currency; market exchange rate and population data。These data are calculated for the results of various data indicators。Price and expenditure data is used to calculate purchasing power parity and actual expenditure; purchasing power prices and market exchange rates are used to calculate the price level index;。Where,Price and expenditure data covers all the final products and services that constitute the GDP。

  Accurate application of purchasing power parity method

The international comparative project is largely calculated based on purchasing power parity。Delivery、Changes in the inventory list and the acquisition and disposal of valuables,The price data of these three aspects are not included in statistics。

In short,The price corresponding value is obtained by comparing the single commodities of each basic project in different economies,Is a bilateral comparison。The use of direct purchase power parity method and indirect purchasing power parity method is a multilateral comparison。Purchasing power between the two economies,In comparison。bet365 Play online games This means in comparison,Any changes in the economy will change the purchasing power parity between any two economies。

Report proposed,Multilateral purchasing power parity index can be calculated through different methods,The choice of method is based on the consideration of transmission and the invariance of the foundation.。Transmission is refers to,Direct calculation of the purchasing power between the two economies or the indirect calculation of the third -party economy,The results should be the same。Kuo Guo invariably refers to,This method can pass "National Switch Test",No matter which economy choose as the benchmark country to build a purchasing power parity index,The results of the international comparison should be consistent。

  Action of new technologies to play an advantage

No need to follow the established procedures for carried out international comparative projects,It is not necessarily limited to data statistics,Instead, it is necessary to continuously perform self -improvement according to the changes of the times,and play a radiation role at a broader level,to promote economic and social development。

bet365 live casino games Report proposed,At present, countries around the world are affected by economic impact,This will affect the scale and distribution of the global economy in the future。other,In the international comparative project operation,Methods and processes of collecting analysis data and information will change。Timely and reliable economic data at the academic level and the impact of decision -making,It will be further played with criticality、Tool -oriented effect。

The plan of the next stage of the international comparative project will be carried out with the start of the 2021 cycle,and respond to the new dynamics of the world situation。During this cycle,The international comparative project will work in accordance with the practice,At the same time, the list of projects in the renewal,New development of the consumption model。Report thinks,The next stage of projects need to absorb new technologies,Innovate the data collection plan and the pricing of goods。Webpage capture、Zhongbao、Administrative Record Data Application、Methods and means of machine learning,It is expected to play their respective advantages。

other,Price problems bet365 Play online games of a basket of goods and services in the international comparison project,The project party needs to respond to the changes in consumer purchase models and these changes in the national accounting system.。In terms of organizational management,Given that the international comparative project takes 3 years as one cycle,Research agenda will continue to move forward under the guidance of the technical consulting team,to ensure that the solution meets user needs。

Editor in charge: Cui Cen
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