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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8592 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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