Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/62931
Title: Measuring China's economic performance
Authors: Maddison, A
Wu, H
Issue Date: 2008
Publisher: Economic and Financial Publishing Ltd.
Source: World economics, 2008, v. 9, no. 2, p. 13-44 How to cite?
Journal: World economics 
Abstract: China is the world's fastest growing economy and is also the second largest. However, the official estimates of the Chinese National Bureau of Statistics exaggerate GDP growth and need adjustment to conform to international norms as set out in the 1993 System of National Accounts (SNA). This paper presents and discusses the necessary adjustments. The two major contributions are new volume indices for the industrial sector and for "non-material" services. Finally, in order to measure the level of Chinese GDP in internationally comparable terms, the authors use a measure of purchasing power parity (PPP) instead of the exchange rate.
URI: http://hdl.handle.net/10397/62931
ISSN: 1468-1838 (print)
1474-3884 (online)
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