G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8592
DP8592 Who Shrunk China? Puzzles in the Measurement of Real GDP
Peter Neary; Robert Feenstra; Hong Ma; DS Prasada Rao
发表日期2011-10-01
出版年2011
语种英语
摘要The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review possible sources of this puzzle and conclude that it reflects a combination of factors, including substitution bias in consumption, reliance on urban prices which we estimate are higher than rural ones, and the use of an expenditure-weighted rather than an output-weighted measure of GDP. Taking all these together, we estimate that real per-capita GDP in China was 50% higher relative to the U.S. in 2005 than the World Bank estimates.
主题International Trade and Regional Economics
关键词Eks Geary-khamis and gaia indexes Gerschenkron effect International comparisons of real income and gdp Measurement economics Substitution bias
URLhttps://cepr.org/publications/dp8592
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/537429
推荐引用方式
GB/T 7714
Peter Neary,Robert Feenstra,Hong Ma,et al. DP8592 Who Shrunk China? Puzzles in the Measurement of Real GDP. 2011.
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