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    Income and Expenditure Accounts Technical Series

    Purchasing Power Parities and Real Expenditures, United States and Canada, 2002 to 2009

    Introduction

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    This report presents purchasing power parities (PPPs), associated real expenditure and other related statistics for the United States (U.S.) relative to Canada from 2002 to 2009. It serves to update the report published in 20071 and subsequent data releases.

    The statistics incorporate the latest prices from the Eurostat-Organisation for Economic Cooperation and Development (OECD) PPP Programme's benchmark exercise for 2005. Current dollar expenditure and corresponding price indices from the Canadian System of National Accounts (released in May, 2010) and the U.S. National Income and Product Accounts (released in August, 2010) have also been used. The latter include significant revisions due to the incorporation of the 2002 U.S. Input-Output tables.2  For this reason, the PPP-related data have been revised back to 1992. 

    A description of PPPs and why they are important is next, followed by discussions of the sources and methods and the quality of the data, and a summary of key changes introduced by this report.  Finally, the main findings of the study are presented, including comparisons with previously published data and those from the OECD.

    Notes

    1. Purchasing Power Parities and Real Expenditures, United States and Canada, 1992 to 2005. 2007. Statistics Canada Catalogue 13-604. Income and Expenditure Accounts Division Technical Series, no. 53.
    2. SeeSeskin, Eugene P. and Smith, Shelly, "Improved Estimates of the National Income and Product Accounts - Results of the 2009 Comprehensive Revision", available from www.bea.gov.org for a discussion of the changes.
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