A Taxonomy of Multilateral Methods for Making International Comparisons of Prices and Quantities.

A taxonomy of multilateral methods is developed. All the main methods are classified within the taxonomy. It is then shown that methods in the same class share many of the same properties. Therefore, the taxonomy should help practitioners to appreciate the wide range of alternative methods for making international comparisons, the relationships between methods, and the relative strengths and weaknesses of each method. Copyright 1997 by The International Association for Research in Income and Wealth.