Studies in Global Econometrics
“Studies in Global Econometrics” by H. Theil is a scholarly work published by Springer US on March 6, 2013, as a softcover reprint of the original 1st edition from 1996. This book comprises a collection of essays that explore the application of cross-country data derived from purchasing power parities, focusing on the development of per capita gross domestic products and the inequalities that exist among various countries and regions.
Readers will find detailed discussions on the fitting of cross-country demand equations for broad groups of consumer goods, utilizing data from the International Comparison Program. The introductory chapter highlights the author’s contributions to these topics, emphasizing the measurement of national per capita income dispersion across seven geographic regions. With 112 pages, this edition presents a comprehensive examination of econometric methods relevant to international economics and trade, making it a valuable resource for those interested in the intersection of statistics and economics.
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Studies in Global Econometrics is a collection of essays on the use of cross-country data based on purchasing power parities. The two major applications are the development over time of per capital gross domestic products, (including that of their inequalities among countries and regions) and the fitting of cross-country demand equations for broad groups of consumer goods.
The introductory chapter provides highlights of the author’s work as relating to these developments. One of the main topics of the work is a system of demand equations for broad groups of consumer goods fitted by means of cross-country data. These data are from the International Comparison Program, which provides PPP-based figures for a number of years and countries.
Similar data are used for the measurement of the dispersion of national per capita incomes between and within seven geographic regions.
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