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					                       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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                      RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010


   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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                       RETA 6482 Fourth Data Review Workshop, Jakarta, Indonesia 15-20 March 2010



   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



                                                                                                         12
                                 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



                                                                                                         13
                                 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




                                                                                                         14
                    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




                                                                                          16

				
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