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来源类型Working Paper
规范类型报告
DOI10.3386/w17729
来源IDWorking Paper 17729
Who Shrunk China? Puzzles in the Measurement of Real GDP
Robert C. Feenstra; Hong Ma; J. Peter Neary; D.S. Prasada Rao
发表日期2012-01-05
出版年2012
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Macroeconomics
URLhttps://www.nber.org/papers/w17729
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/575404
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Robert C. Feenstra,Hong Ma,J. Peter Neary,et al. Who Shrunk China? Puzzles in the Measurement of Real GDP. 2012.
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