Definition: Asterisk product

Category: Purchasing power parities

A representative product so called because, when reporting prices, countries participating in Eurostat and OECD comparisons assign asterisks (*) to identify which of the products they have priced are representative. See also "representativity indicators". http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BE-06-002-EN.pdf European Union, Regulation (EC) No 1445/2007 establishing rules for the provision of basic information on PPPs, Official Journal of the European Union No L 336, 20.12.2007, p. 1 - 24
Source:
Eurostat and Organization for Economic Cooperation and Development (OECD) (2005 Edition), "Eurostat-OECD Methodological manual on purchasing power parities", Methods and Nomenclatures, Office for Official Publications of the European Communities, Luxembourg, 2006
Created:
Updated: