Automated Data Validation
Document Sample


FOURTH REGIONAL DATA REVIEW WORKSHOP
Jakarta, Indonesia
March 15-20, 2010
Draft HIGHLIGHTS OF PROCEEDINGS
I. Opening Session
1. Douglas Brooks, Assistant Chief Economist of the Development Indicators and Policy
Research Division, ADB, delivered the welcome remarks and thanked the participants
for their active and committed support for RETA 6482. Chellam Palanyandy, RETA
6482 Project Officer presented the workshop overview and also acknowledged the
group's valuable contribution to the overall success of the RETA.
II. Workshop Objectives and Expected Outputs
2. C. Palanyandy discussed the Workshop Objectives which include: a.) to conduct final
data review for the following price data; b.) to resolve outstanding issues; c.) to
review/discuss the results of the capital to national level price adjustment; d.) to discuss
the 2009 GDP weights required for PPP computation; e.) to review the preliminary PPP
estimates at the basic heading (BH) level; and f.) to undertake a technical launch of the
2011 International Comparison Program (ICP). (Please see Attachment 1 for the
Workshop Agenda.) Expected outputs included: a.) Validated 2009 price and GDP
weights data; b.) agreed methodologies for adjusting capital to national average prices;
c.) explored PPP estimation methodologies for M&E; d.) 2009 preliminary PPPs by
basic heading level; and, e.) technical understanding of the requirements of the 2011
ICP.
III. Methodological Presentation and Discussion on the 2009 PPP updating
3. There are two stages involved in the updating process:
(i) adjusting the PPPs from the core list to the full list . The adjustment would be done at
the BH level for each country. Scalars have been established at the onset of the project
when the core list was identified.
(ii) adjusting capital city prices to national level prices. This can be done in either one of
two ways: computing scaling factors based on the 2005 ICP price data submitted or
computing the scaling factors from the countries’ CPI price data. The latter involves
data mining from the 2009 CPI database and computing intra-regional PPPs (including
for capital city) based on the PPP principle of comparability (and assuming that the
principle of representativity is embedded in the selection of the CPI basket). Using CPI
data is better as the 2009 CPI prices would reflect recent price movements such as fuel
and food price increases.
IV. Intra-country Price Data Validation
Data Validation done at the ERDI, ADB
RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
4. As household data were already available for the 4 quarters of 2009, within quarter and
inter-quarter price validation was conducted and comments provided to countries for
verification. Price validations were based on the following procedures:
(i) Within Quarter/Period Data
Products with coefficients of variation (CV) > 20% - Considering that the price
surveys are conducted only in the capital city or neighboring cities (for
products/items whose prices are unavailable from the capital city) price variations
are expected to be < 20% under normal conditions.
Products with less than 15 observations for geographically large countries and less
than five for relatively small countries.
Minimum-Maximum price ratios < 0.8 – for the same reason cited in the first
criterion.
Data entry errors – These are identified from the Average prices for each product.
This may occur if either the observed price or observed quantity was not provided
or "div#0" appears under converted prices in the Price Collection Tool; or the
countries tried to copy and paste the worksheet and edit/modify even the restricted
part of the files in the Price Collection Tool software for data entry.
(ii) Inter-Quarter (Period) Data
Average price ratios between two quarters should ideally not be more that 20%
unless hyperinflation is present for a particular quarter. Products exhibiting high
divergence in average prices across quarters are identified and countries are
requested to review and validate the information.
Average price ratios between quarters and 2005 should ideally be not more that
50% or less than 50% especially for non food items.
Countries were also requested to check the quarterly price movements as observed
in the ICP products with the corresponding price movements in the 2009 CPI at
product level, where available and at "group" level when the former was
unavailable. Countries were requested to verify major divergences where they
existed.
Annual price levels of products in the PPP update and in the ICP 2005 were also
compared. Countries were requested to explain or verify wide divergence in the
price levels in the two periods (such as currency devaluation; removal of price
controls/subsidies; salary increases etc). It was important to document the reasons
for such divergence to eventually explain the final outcome in the PPPs.
5. The following information was sent to countries to guide them on the steps to be taken
for products/prices that need to be reviewed:
Inter-Quarter_Priority - presented the list of priority products for review based on
inter-quarter validation and comparison of the 2009 average prices to the 2005 ICP
prices. For products exhibiting high divergence across quarters, average price
ratios were colored blue (>= 1.20) or yellow (<=0.80). The number of quarters for
which this was observed was recorded. On the other hand, the price ratios for
"2009/2005", were colored either red (ratio >=1.50) or black (ratio <=0.50) when
the price was significantly different from the 2005 ICP prices. Countries were
advised to check these prices and compare the trend (change in prices) across
quarters with that of the trend of the same CPI items/subgroup/items for the same
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
quarters in 2009 and for 2005. Prices were requested to be revised or confirmed, as
applicable.
Q1, Q2, Q3 and Q4 Sheets - contained comments specific to each quarter data
only. It included the list of items with relatively high coefficients of variation
and/or with Min-Max Ratio (< 0.70). Countries were requested to review
individual quotations and check for price(s) that were relatively lower (highlighted
in blue) or higher (highlighted in red) when compared with the other quotations.
Prices were requested to be revised or confirmed, as applicable.
IV. Inter-country Data Validation using the Dikhanov Table
6. The Dikhanov table (DT) is used to show inter-country price behavior using the
following parameters - PPP, overall standard deviation of the CPD residuals, Price
Level Index, Number of Items priced, Exchange Rate by country, and the overall STD
of residuals and number of items priced. Cells in the DT with CPD residuals are color-
coded to facilitate visual diagnostics:
Between -0.25 and 0.25 No color
Between -0.75 and 0.75 Yellow
Between -2.0 and 2.0 Red
Less than -2.0 and more than 2.0 Black
The DT was a useful tool in addressing inter-country price comparisons. While prices
and price variations of products in the intra-country validation were
reasonable/acceptable, but when compared with other countries (inter-country
comparison using DT), these same product prices registered large divergence.
Countries were advised to review the prices of these products. This is important as
prices of a country not only impact on its own PPP but also the PPPs of other countries.
To this end ADB would provide a list of all products to be reviewed, within which
products identified as priority must be given urgent attention. All products with CPD
residuals that fall in the range of >0.5 or < - 0.5 are targets for verification while priority
products are those with CPD residuals that are too high or too low (>0.75 or <-0.75).
Additional criteria used to identify priority products included prices in HK $ and country
ratio to the Asia Pacific regional average.
7. The country-specific list of household items (based on intra-country and inter-country
concerns) that need to be reviewed after the DRW is summarized in Attachment 2. In
addition, countries were requested to refer to the list to be sent by E. Capilit (via email)
after the workshop.
8. Products for review were identified based on the following situations:
A. With Possible Unit of Measure Error
B. With high divergence across quarters and more than 50% increase/decrease from
the 2005 prices
C. Highly Divergent Across Quarters
D. With more than 100% increase/decrease from the 2005 prices
E. With more than 50% but less than 100% increase/decrease from the 2005 prices
9. All participating countries presented actions taken on the products that were identified
to have issues. It was agreed that everyone will document important economic,
natural, and other events that would have affected 2009 price levels/movements.
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
Courses of action taken by the national coordinators to address data issues included
the following:
(i) Corrected the wrong units of measure (UOM) identified especially for Singapore
since UOM errors were not as easily detected had they been using the PCT for data
entry.
(ii) Some countries (like Malaysia) discovered that the wrong products were priced in
2005. Both the "wrong" and correct products were priced in 2009. The specific
example was cupcake.
(iii) Documentation of important economic/natural events affecting price movements
(seasonality; devaluation; special events, etc.).
(iv) In countries where country missions were conducted, the ADB team addressed
price issues during the market visits. These were reflected in the country presentations.
(v) Confirmed relatively low or high prices by field validation (by national
coordinators).
(vi) Compared the 2009 price movements with the same or similar CPI products
(vii) In Bhutan and Fiji Islands, many products are imported and thus, affected by
prevailing prices in the countries of origin. In Fiji another major reason for the wide
price variation was the devaluation of the Fijian dollar.
(viii) Data entry errors
(ix) Government price regulation affects price movements.
(x) Actual field involvement and familiarity with the local market is very important for
correct product identification and ensuring reliability of price data.
(xi) For Indonesia, wide price difference between 2005 and 2009 for some products
was due to the difference in the geographic location of the price surveys. The 2009
prices were collected in Jakarta where prices are more likely to be more expensive
when compared to the 2005 prices which reflect the national average which tend to be
pulled down by lower prices outside the capital city.
V. Analyzing Comparison-Resistant Sectors
Household (Health and Education)
10. As in the other sectors, validation of the entire list of items for health and education was
undertaken to obtain a better picture of the price relatives for the items within the BH.
This process showed discrepancies and highlighted some of the misspecifications such
as wrong units of measure. Large price variations within the health products were
traced to the difference in brands being priced (local vs. international brands) in 2005
and 2009. As in the household products, the same product should be priced in 2005
should be priced in 2009, even if it has been determined that the "wrong" product was
priced in 2009.
11. In the case of education price differences arose when specifications were not adhered
to such as per hour vs. per course. Differences were also seen when comparing cost of
education, particularly degree courses between high income countries and low income
countries. Issue of price differences arising from the quality of education offered was
also discussed.
VI. Inter- and Intra-country Data Validation for Non-Household Sectors
Compensation
12. For government compensation, the preliminary 2009 PLI's were presented and
analyzed. Countries provided the reasons for the observed changes, such as salary
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
increases from 2005 to 2009; local currency devaluation; and for some countries, they
need to check the data that they have provided. (Include comments that EPC is
preparing now.) The quality adjustment carried in 2005 would also be implemented for
the update.
Machinery and Equipment (M&E)
13. In the case of machinery and equipment, core products were selected in the same
manner as the household consumption products. The alternative approach of using
imports adjusted for freight, insurance and installation costs proved difficult/ unfeasible
largely because countries could not provide the cost breakdown. Actual price collection
commenced during the third/fourth quarter of 2009. However, just like in the 2005 ICP
exercise, prices collected for the 2009 PPP Updates still proved to be a difficult
undertaking for the countries. Out of 48 products priced by at least two countries,
42 products have standard deviations (SD) of more than thirty percent (30%). Twelve
products have an SD of more than 75%, which is very high compared to the
"acceptable limit" of less than 25%.
14. Initial review of the M&E prices involved the comparison of 2009 and 2005 prices.
2009 prices were deemed to be too divergent if the price ratios were either > 2 or <0.3
(very high priority) and price ratios >1.5 and <0.5 (high priority). Products priced in
2005 but not priced in 2009 also had to be verified if they are no longer available in the
market or if they were not included in the 2005 PPP computation.
Construction
15. Construction price data were less problematic than M&E. Mr. Dikahnov informed the
body that a few issues needed to be resolved before the construction PPPs can be
presented. For vibratory plate compactor, all countries were requested to check if per
hour or per day rates were submitted. Fiji Islands; Hong Kong, China; Mongolia;
Pakistan; and Philippines were particularly requested to pay special item to the said
item. Viet Nam and Singapore, on the other hand, were asked to check prices for
backhoe.
16. The 2009 construction price ratios were compared against the 2009 Asia Pacific
average; sub-regional average; and 2005 prices. Construction price data were also
validated by checking if consistent price behavior within each BH would be observed
and if the BH CPD residuals are well within acceptable range (+/- 0.25).
17. The 2005 ICP required the "pricing" of construction components. Technically speaking,
however, the price of a construction component does not exist and, therefore, it is very
difficult, if not impossible to achieve precision as different people would have varying
estimates due to differences in technology, overhead costs, etc. Thus, in this updating
round, the number of items priced for construction was reduced and only inputs were
required to be priced.
VII. Resolving Outstanding Methodological Issues
18. Housing rent - Housing rent is a significant GDP contributor. Actual rents are recorded
in the national accounts along with an imputed component based on the rental value of
owner-occupied housing. In effect, the national accounts consider owner-occupiers as
renters of their own homes. Calculating PPPs for rents has proved to be problematic,
as the rental market in some countries is so small it is difficult to obtain realistic average
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prices. In addition, the prices reported for calculating PPPs have not always been
consistent with those used in the national accounts. As a result, the real value of
housing services computed using PPPs derived from reported rent prices have been
different (sometimes significantly so) from volumes based on estimates of the housing
stock. For the 2009 updating, the same methodology in the 2005 round where
reference volume relatives based on each country's individual consumption expenditure
by households (excluding housing rentals) will be used for computing the housing PPP.
19. Pricing issues for household products – Some data issues on the household
products were due to the wrong products being priced in 2005. For these cases, the
following procedures were agreed upon:
The need to price in 2009 exactly the same (and not substitute) products priced in
2005.
For cases where the "wrong" products were priced in 2005, participants were
advised to price both the "wrong" products (as priced in 2005) and the "correct"
product strictly following 2009 product specifications. Such cases should be
documented and conveyed to ADB. Example:
Product 2005 2009
muffins (wrong product
based on 2005 list) Priced should still be priced
cupcake (correct product
based on 2005 and 2009 should be priced but
lists) not priced provide specifications
In computing the PPPs, where the "wrong" product was priced in 2005, one option
is to recompute the 2005 PPP excluding the wrong product for comparison
purposes.
20. For machinery and equipment - ADB will review equipment price data further and
send comments to countries including products for review. However, two options for
equipment PPP derivation are being considered:
a. Use the GDP capital formation data to be deflated by exchange rates
b. Only one PPP will be computed for machinery and equipment, e.g., no
disaggregation by equipment group will be done.
21. Government compensation accounts for a large component of the cost of producing
government services. Compensation rates were required for some 50 occupations.
Productivity adjustment is necessary due to large inter-country differences when
unadjusted compensation rates are used. For example, in the 2005 round, the average
compensation in the government health sector in Hong Kong, China (based on
exchange rates) was about 120 times higher than Lao PDR. Other countries like Viet
Nam, Cambodia, Nepal and Bangladesh where government salaries are very low,
would, therefore, have relatively high per capita real consumption of government
services when compared with Hong Kong, China; Taipei,China; and Singapore where
government salaries are much higher. Since this situation is not plausible, the same
methodology as in the 2005 ICP round will be used for adjusting government
compensation. Adjustment will be done by assuming that the productivity of
government employees depends on their access to capital equipment.
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VIII. Additional Data Requirements for 2009 Updates estimation/other
issues
22. Countries were reminded of the additional data requirements for PPP computation.
a. 2009 mid-year population (for the computation of per capita estimates)
b. Employment and investment data for updating productivity parameters for
government compensation
IX. Proposed outline of country reports
23. In preparation for the regional report on the 2009 PPP Updates for Asia and the Pacific,
individual country reports will be requested from countries. The outline of the country
report is provided below:
I. Administrative set-up/arrangements for the 2009 PPP Updating
II. Use of CPI infrastructure
III. Survey Framework
IV. Data validation procedures
V. Comparability of 2005 and 2009 products/Wrongly priced products in 2005
VI. Integration of the CPI and PPP price surveys
VII. Capital to national price comparison
VIII. Sub-national PPP computation
IX. Disaggregation of GDP expenditures
X. Price Collection Tool Experience
XI. Price collection for machinery & equipment
XII. PPP advocacy activities
XIII. 2009 PPP Updating experience
X. Technical Launch of the 2011 International Comparison Program
24. The ICP is a worldwide statistical operation that seeks to produce internationally
comparable price and volume measures for gross domestic product (GDP) and its
component expenditures. The measures are based on PPPs. For the 2011 ICP some
160 countries are expected to participate.
25. A Governance framework similar to that of the 2005 ICP has been established. The
Framework establishes institutional responsibilities and organizational arrangements. It
specifies the roles and responsibilities of the various bodies including the UNSC, World
Bank, Executive Board, TAB, Global Office, Regional Coordinating Agencies and
National Implementing Agencies. These bodies collectively ensure that the International
Comparison Program is run to high standards both globally and regionally.
The role of the governance bodies are:
Executive Board: provides leadership, determines strategic priorities, and
approves annual work programs.
Technical Advisory Board (TAB): advises on the technical issues linked to the
conceptual integrity and methodological adequacy of the ICP.
Global Office: housed in the World Bank, manages the day-to-day coordination of
the program, working closely with regional and national offices.
Regional Coordinating Agencies: Regional coordinating agencies in Africa, the
Asia and Pacific, Western Asia, the Commonwealth of Independent States, and
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
Latin America work are responsible for managing and implementing the ICP at the
regional level. EUROSTAT-OECD region has its own PPP program.
National Implementing Agencies are responsible for ICP implementation at the
country level.
Each regional office may have its own Advisory Board.
26. Methodological Innovations - Innovations and improvements are being developed to
further the attainment of the 2011 ICP key objectives. The main innovations are: (i)
Identifying a global core list for pricing by all participating countries in all regions
(against the "ring country" concept) (ii) the preparation and implementation of an ICP
quality assurance framework; (v) the development of a national accounts framework ;
(vi) a system of validation of price and expenditure data; (vii) improved methodology to
compute global PPPs; (viii) methodology to price compensation, particularly on health
and education; and, (ix) methodology to price construction and M & E.
27. Research Agenda - From the 2005 ICP experience, certain areas of ICP continue to
cause difficulties with the estimation of expenditure breakdowns and PPPs. These
areas which have been targeted for research by the GO include:
a. Owner-Occupied Housing
The research will address two issues: the estimation of expenditure weights so they
are more reliable and comparable across countries; and determining what price and
quantity data should be provided by countries to estimate PPPs. Three approaches
are being considered: user cost approach; quantity approach; and direct pricing
approach. A final recommendation would be made by the TAB by June.
b. Measurement of Government Outputs
This was a highly criticized area in the 2005 ICP where productivity adjustments of
government compensation were not made uniformly across all the regions. Asia
and the Pacific; and Africa made productivity adjustments but others did not.
Research on an appropriate methodology to measure public health and education
has been commissioned by the GO. Recommendations would be provided to the
TAB.
c. Aggregation and Linking Issues
A group comprised of ICP experts will collaborate on a paper examining
aggregation and linking issues for TAB consideration.
d. Construction
A review of existing methods for construction and civil engineering is being carried
out to improve data collection in the countries, and the linking with OECD-
EUROSTAT and the Commonwealth of Independent States.
f. Machinery and Equipment
Improved methodology for pricing M & E is also on the research agenda.
28. The Global Core List for household products consists of 537 items. The list also
showed the BH where comments on the products were expected from the different
regional programs. Some BHs do not require any comments as either a specific
methodology for PPP computation will be used or the BHs will use reference PPPs.
29. Each region was requested to comment on the list; and the consolidated list will then be
sent to the regions for verification and final comments.
30. The current list of product specifications has been consolidated from the various
comments provided by Regional Coordinators. While further review of the list will be
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
done during the forthcoming Regional Coordinators meeting, it should be ensured that
a given item is available in more than 1 region and that each region has at least 1 item
under each BH.
31. It is important to note that there was a long discourse on how the global list was drawn
up which was derived from the 2005ring list, which itself was drawn from the OECD-
Eurostat list. Clarifications were sought on why the initial proposal of combining core
lists from the various regions was abandoned. ADB had submitted to the Global Office
in November 2009, the Asia Pacific core list drawn from the 2005 ICP list. As it stands
the global list is seen as an OECD-EUROSTAT list and hence not reflective of regional
consumption goods. The Global Office is urged to take remedial steps to make the
global list truly global to gain the confidence of the Asia and Pacific region.
32. The ICP Country Software for the Household Price Collection module to be used for
the 2011 ICP was introduced. It has two sub modules: Data Entry, Data Validation and
Averaging. Information included in the software will include the following:
Price quotations - includes information on the product, outlet (shop, where this
product is priced, the type of outlet code), monthly price, variety description, geographic
area code, month the price was collected, and all other attributes such as rural/urban,
domestic/imported, sale price/regular price, seasonal/non-seasonal, etc.
Location Types – information on the survey location, for example- Rural/Urban,
High/Mid/Low Income etc.
Other information in the database will include weights, units of measure, price
collector, outlet types, preferred quantity, preferred units of measure, and previous
period price.
33. On the other hand, the ICP Region Software will process data received from countries
imported via formatted Excel sheets that are received from the countries. The Data
Processing and Reporting module will be used for aggregation, PPP calculation, Real
Expenditures derivation, and for producing reports for various temporal and spatial
breakdowns.
XI. Summary of Agreements
34. The schedule of deliverables agreed upon is given below.
RETA 6482 - Summary of Deliverables
Fourth Data Review Workshop 15-20 March 2010
1. Revised Q1 – Q4 HH price data 02-Apr
2. Revised 2008 compensation 31-Mar
3. 2009 Compensation 31-Mar
4. Revised / updated construction 07-Apr
5. Revised M&E 14-Apr
6. 2008 GDP exp. By BH 31-Mar
7. 2009 GDP exp by BH 30-Apr
8. CPI prices state 2005 and 2009 15-Apr
9. CPI for capital and National 2005 & 2009 at most detailed level 31-Mar
10. Country report for inclusion in 2009 update publication 30-Apr
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
Attachment 1
Asian Development Bank
RETA 6482 - Improving Price Collection and Updating PPP Estimates for Selected DMCs
Fourth Regional Data Review Workshop
15-20 March 2010, Jakarta, Indonesia
Agenda
Time Activity Resource Person
Day 1 (15 March, Monday)
8:30 – 9:00 AM Registration
9:00 – 9:20 AM Opening Session
Welcome remarks D. Brooks
Workshop overview (Objectives/Mechanics/Expected Outputs) C. Palanyandy
Highlights of the Third Data Review Workshop C. Palanyandy
Introduction of participants All Participants
9:20 - 10:45 AM Session 1 - Methodological Presentation and Discussion on
the 2009 PPP Updating
Adjusting the PPPs from the Core to the Full lists Y. Dikhanov
Household
Construction
Equipment
10:45 - 11:15 Coffee break and photo session
AM
11:15 AM -
12:30 PM
Continuation of Session 1
E. Capilit
Comparative analysis of capital and national price level (including
adjustment factors):
- Using the 2005 ICP relationship
- Using the 2009 CPI relationship
12:30 - 1:45 PM Lunch
1:45 - 3:30 PM Session 2 - Intra-country household data validation
Summary of intra-country data validation results (number of price C. Palayandy
quotations, CVs, min-max price ratios)
List of highly divergent products E. Capilit
- Quarterly price movements (2009 Updates vs. CPI)
- Comparsion of annual price movements (2005 ICP vs. 2009
Updates)
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
3:30-3:45 PM Coffee break
3:45 - 5:00 PM Continuation of Session 2 C. Palayandy/Y.
Dikhanov/E. Capilit
Country presentations - Actions taken regarding problematic
products
3:45 - 4:05 Bangladesh
4:05 - 4:25 Bhutan
4:25 - 4:45 Brunei Darussalam
4:45 - 5:05 Cambodia
Day 2 (16 March, Tuesday)
9:00 – 10:30 AM Continuation of Session 2
9:00 - 9:20 PRC
9:20 - 9:40 Fiji Islands
9:40 - 10:00 Hong Kong, China
10:00 - 10:20 India
10:20 - 10:40 Coffee break
10:40 - 11:00 Indonesia
11:00 - 11:20 Lao PDR
11:20 - 11:40 Malaysia
11:40 - 12:00 Maldives
12:00 - 12:20 Mongolia
12:20 - 1:45 PM Lunch
1:45 - 3:25 PM Continuation of Session 2
1:45 - 2:05 Nepal
2:05 - 2:25 Pakistan
2:25 - 2:45 Philippines
2:25 - 3:05 Singapore
3:05 - 3:25 Sri Lanka
3:25-3:45 PM Coffee break
3:45 - 5:00 PM Continuation of Session 2
3:45 - 4:05 Taipei,China
4:05 - 4:25 Thailand
4:25 - 4:45 Viet Nam
4:45 - 5:00 Summary of discussions C. Palayandy
Day 3 (17 March, Wednesday)
9:00 – 10:30 AM Session 3.1 Inter-country Validation - The Dikhanov tables Y. Dikhanov
(Product diagnostics tables) - Interpreting the results
- Basic heading (BH) level analysis
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
- Global level analysis
10:30 – 10:45 Coffee break
AM
10:45 AM - Session 3.2 Analysis of inter-country data validation results E. Capilit
12:30 PM
Summary of Findings
Identification of Priority products for review
12:30 - 1:45 PM Lunch
1:45 - 3:30 PM Session 3.3 Priority BH/Products for Review: Inter-country C. Palayandy/Y.
Inter-country comparison Dikhanov/E. Capilit
- Food and non-alcoholic beverages
- Alcoholic beverages, tobacco and narcotics
- Clothing and footwear
- Housing, water, electricity, gas & other fuels
- Furnishings, household equipment & routine maintenance of
the house
- Transport, Communication
3:30-3:45 PM Coffee break
3:45 - 4:15 PM Continuation of Session 3.3 C. Palayandy/Y.
Inter-country comparison Dikhanov/E. Capilit
- Recreation & culture
- Restaurants & hotels
- Miscellaneous goods & services
4:15 - 5:00 PM Session 3.4 Analyzing other comparison-resistant sectors:
- Health and education E. Capilit
- Dwellings (volume relatives vs. user cost approach) Y. Dikhanov
Day 4 (18 March, Thursday)
9:00 – 10:30 AM Session 4.1 - Inter- and intra-country data validation:
Compensation
Summary of findings C. Palanyandy
Comparison of 2009 Updates data vs. 2005 ICP data E. Capilit
10:30 – 10:45 Coffee break
AM
10:45 - 12:30 Session 4.2 - Inter- and intra-country data validation:
PM Construction
Summary of findings Y. Dikhanov
Comparison of 2009 Updates data vs. 2005 ICP data E. Capilit
12:30 - 1:45 PM Lunch
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
Session 4.3 - Inter- and intra-country data validation: Machinery
1:45 - 3:30 PM & Equipment
Summary of findings Y. Dikhanov
Comparison of 2009 Updates data vs. 2005 ICP data E. Capilit
3:30-3:45 PM Coffee break
3:45 - 5:00 PM Session 4.4 - Agreements on the non-household sectors C. Palayandy/Y.
Dikhanov
Day 5 (19 March, Friday)
9:00 – 10:30 AM Session 5- Review and Comparison of the annual preliminary Y. Dikhanov/E. Capilit
unweighted PPPs at the BH level for the Core Lists
10:30 – 10:45 Coffee break
AM
10:45 - 12:30 Session 6 - Presentation of the preliminary 2009 PPPs Updates
PM by Major GDP Aggregates
Analysis of GDP weights at the basic heading level - GDP Y. Dikhanov
Diagnostics Tables
Summary of Findings E. Capilit
Priority BH for Review - GDP Concerns E. Capilit
12:30 - 1:45 PM Lunch
1:45 - 3:30 PM Continuation of Session 6
3:30-3:45 PM Coffee break
3:45 - 5:00 PM Session 7 - Additional Data Requirements for 2009 PPP C. Palanyandy
Updates estimation
Population for per capita estimates
Employment and investment data for updating productivity
parameters
Proposed outline of country reports
Day 6 (20 March, Saturday)
9:00 – 10:30 AM Session 8 - Resolving Outstanding Methodological Issues Y. Dikhanov/E. Capilit
Machinery and equipment pricing methodology
Pricing issues for household products (treatment of wrong
products in 2005,etc)
Productivity adjustment for Compensation: Some Rationale
10:30 – 10:45 Coffee break
AM
10:45 - 12:30 Continuation of Session 8
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
PM
12:30 - 1:45 PM Lunch
Session 9 - Technical launch of the 2011 International
1:45 - 3:30 PM
Comparison Program
Global core list Y. Dikhanov
Sub-regional core list C. Palanyandy
Methodological changes from 2005 to 2011 Y. Dikhanov
Research agenda on comparison-resistant products/services Y. Dikhanov
3:30-3:45 PM Coffee break
3:45 - 5:00 PM Session 10 - Closing Ceremony
Summary of agreements C. Palanyandy
Response from Participants
Message Y. Dikhanov
Closing Remarks C. Palanyandy
Chair: Ms. Chellam Palanyandy, Lead Professional, ERDI, ADB
Resource Persons: Dr. Yuri Dikhanov, Senior Economist, World Bank
Ms. Eileen Capilit, Associate Economics and Statistics Analyst, ADB
ICP Team Member: Ms. Virginia Gañac, Consultant, ADB
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RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
Attachment 2
RETA 6482 – Improving Price Collection of Non-Household
Expenditure Components and Updating of
PPP Estimates for Selected DMCs
List of Products to be Reviewed by Countries
Fourth Data Review Workshop
15-20 March 2010
Bhutan: "auctioned prices"; potatoes; tire repair service charge; beer (issue on brand);
men's Seiko watch; dried mushrooms; metformin (local, price should for international)
Brunei: single drinking glass; electric keyboard; men's t-shirt; table lamp; plastic mats;
dry iron; pharmaceutical products; woolen room size carpet; tinned mushrooms;
standard letter domestic; standard parcel domestic
Cambodia: need to reflect revised data; check specifications of ultrasound priced; root
canal; dentist, filling
PRC: drop native wine; no beclometasone; subsidy for pharmaceutical products; adult
international airfare; men's wallet; sea crabs; vacuum cleaner; Toyota should be a
locally-assembled car; primary education
Fiji: kerosene; Shell Helix (no longer available in Fiji, bought by Total); mostly imported
products
Hong Kong, China: slacks (adjusted to remove high prices); chicken drumsticks; brand
of spark plugs
India: local pop disc; refrigerator repair; gauze bandage
Indonesia: general CPI increased by 43% from 2005; beclometasone (UOM problem,
should be inhaler not tablet); review all pharmaceutical products prices: intra-city adult
train fare; telegraphic transfer; adult international airfare; portable CD player; dried
mushrooms; carbamezapine, international
Lao PDR: data entry error (bicycle); adult international airfare; Yamaha electric
keyboard
Malaysia: cheese spread is different from 2005; pork liver (free because Chinese do
not consume this now); suit men's should be from typical source; jeans women's (Levi's
in 2009); sweater pull-over; jeans boy's; slacks; shoe repair (need to review Q1-Q3
prices, product not the same in Q4); piped gas (recommended for deletion); straight
fluorescent lamp fitting; woolen room size carpet; single drinking glass; padlock (Yale
priced in 2005, another brand in 2009); hydrochlorothiazide (2005 price for 30 pieces);
ultrasound; brand of spark plugs; disc brake Toyota (materials & not labor was priced in
2005); TV repair; football round Adidas (not original in 2005); goldfish (not the same in
2009); books for children; men's wallet; three-star hotel room
Maldives: tire repair; bicycle priced in 2005 but motorcycle in 2009; telegraphic
transfer; other educational programs; chillies; wheat flour; clinical thermometer; haircut;
two-star hotel; noodles; cream crackers (too low); chewing gum; sweet potato; tea
bags; private tutor; standard urine test; walking stick
Mongolia: TV repair; pharmaceutical products; canned sardines (should be tuna,
imported from Russia); tinned mushrooms
Nepal: water; battery; garbage collection; cream crackers (too high); sea crabs; Toyota
should be a locally-assembled car; automotive battery; mineral basic motor oil; adult
international airfare
15
RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010
Pakistan: swimming admission; tuna steak and canned tuna (check consistency of
prices); slacks women's; Shell Helix; Sony Playstation 2; electricity rates; lipstick;
roasted peanuts; dried mushrooms; football
Philippines: need to review all prices; replace padlock brand with al local one; shoe
repair women's; DVD player; atenolol, local; nifedipine, international; metformin,
international; dental filling
Singapore: Toyota (certificate of entitlement); two-star hotel; tinned mushrooms; disc
brakes replacement (Toyota or Honda); package holiday
Sri Lanka: "missing" quarterly prices; pork spareribs; cucumber; Toyota should be a
locally-assembled car; tertiary education; carbamezapine, international
Taipei,China: disc brakes Toyota; pharmaceutical products; adult international airfare;
KFC; plain gold necklace; telegraphic transfer; refrigerator repair
Thailand: adhesive bandage
Viet Nam: diesel; package holiday; primary education; sea crabs; vacuum cleaner;
primary education; tertiary education; facial; check specifications of ultrasound priced
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