Definition: Equi-representativity

Category: Purchasing power parities

"The property required of the composition of the item list for a basic heading (such that) each Member State (or participating country) is able to price that number of representative items which is commensurate with the heterogeneity of products and price levels covered by the basic heading and its expenditure on the basic heading." Article 3(m) PPP (Purchasing power parity) Regulation.

The object is to obtain PPPs that are both unbiased and reliable (2012 Methodological manual on purchasing power parities).


"The property whereby the composition of the item list for a basic heading is such that each country is able to price that number of representative items which is commensurate with the heterogeneity of products and price levels covered by the basic heading and its expenditure on the basic heading." The object is to obtain PPPs that are both unbiased and reliable (2005 Methodological manual on purchasing power parities). http://ec.europa.eu/eurostat/product?code=KS-RA-12-023&mode=view Eurostat and Organization for Economic Cooperation and Development (OECD), "Eurostat - OECD Methodological manual on purchasing power parities (2005 Edition)", Methods and Nomenclatures, Office for Official Publications of the European Communities, Luxembourg, 2006European 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