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Subsequently, the currency was converted into euros taking into account purchasing power parity conversion factors.
We report values in International Dollars using the purchasing power parity conversion rate suggested by the International Monetary Fund[ 32].
29 All costs and results are presented in 2012 £ using the purchasing power parity conversion rate of $A1=£0.81.
We used the annual inflation rates and purchasing power parity conversion factors employed by the Organization for Economic Co-operation and Development (OECD) [ 15].
Direct medical costs were sourced from published literature and where necessary converted to 2010 EUR using purchasing power parity conversion rates (Table 1).
Inflation rates and purchasing power parity conversion factors were obtained from the World Bank; 2011 is the latest year for which these data are available.
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Costs in international dollars were calculated by multiplying raw cost data in US dollars, the exchange rate with the local currency for the year of data collection and the cumulative inflation rate [ 25] from the year of data collection to 2010 (latest year of data availability), and divided it by the purchasing power parities conversion factor [ 26].
The costs of the studies were adjusted to U.S. dollars for the year 2011 by using the CPI [17] and the purchasing power parity (PPP) conversion rate of 2011 [19], to achieve more comparability between studies.
8 The Penn World Tables Aten et al. (2011) were used to get country controls: real GDP per capita (RGDPCH), openness (OpenK), real consumption and real investment share of GDP (Kc and Ki) as well as the real exchange rate, which was obtained through the purchasing power parity (PPP) conversion factor.
The Consumer Price Indices (CPI) as part of the Main Economic Indicators (MEI) of the OECD [17, 18] and the purchasing power parity (PPP) conversion rate of 2011 were used to convert monetary results to U.S. dollars [19], as this was the price year of the most recent intervention.
Danish income data was converted to US dollars using purchasing power parity (PPP) conversion rates.
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