Who shrunk China?
Subtitle: puzzles in the measurement of real GDP
By: Robert C. Feenstra ... [et al.].
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 17729; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17729.
Publisher: National Bureau of Economic Research
Published: 2012
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "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"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 2/28/2012.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.