Date Added: May 2010
A comparison of the performance of the Brazilian aerospace industry with that of the world leader in aerospace production, the USA, requires appropriate conversion rates. Following the methodology of the International Comparisons of Output and Productivity project (ICOP), the authors calculate unit value ratios for the aerospace industry based on ex-factory prices. So far no comparisons have been made for this sector, due to problems of disclosure in national statistics. In this paper, they have made adjustments to official data from industrial surveys using supplementary data on quantities and prices from a variety of other sources.