This Handbook provides, for the first time, comprehensive guidelines for the compilation of Residential Property Price Indexes and explains in depth the methods and best practices used to calculate an RPPI. It also examines the underlying economic and statistical concepts and defines the principles guiding the methodological and practical choices for the compilation of the indices. The Handbook primarily addresses official statisticians in charge of producing residential property price indices; at the same time, it addresses the overall requirement on RPPIs by providing a harmonised methodological and practical framework to all parties interested in the compilation of such indices.
The RPPIs Handbook has been written by leading academics in index number theory and by recognised experts in RPPIs compilation. Its development has been co-ordinated by Eurostat, the statistical office of the European Union, with the collaboration of the International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE) and the World Bank.
The Glossary is the result of continuing valuable co-operation between these three organisations that – through the action of the Intersecretariat Working Group (IWG.Trans) – have put a sustained effort into meeting the need to harmonise transport statistics at the international level. By following the guidance contained within these definitions, a considerable contribution will be given to the improvement in both the quality and comparability of the data
The present fourth edition of the Glossary is an illustrated version, it includes 7 transport themes (rail, road, inland waterway, pipelines, maritime, aviation and intermodal transport) and comprises 735 definitions. It represents a point of reference for all those involved in transport statistics.