Broken Abacus?

Daniel Rosen; Beibei Bao

doi:10.5771/9781442240858

Summary

Until recently a lack of precision around China’s economic size was taken for granted but caused little lost sleep: room to expand and the pace of growth were self-evident, and everything beyond that was academic for most purposes. But today the pace and even direction of China’s growth is prone to volatility, and the nation is sizable enough to cause global disruption. This study reassesses China’s nominal economic size from the bottom up. It compares China’s practices with international standards and reviews the long-standing arguments about Chinese economic statistics to separate real concerns from distractions.

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Bibliographic data

Copyright year: 2015
ISBN-Print: 978-1-4422-4084-1
ISBN-Online: 978-1-4422-4085-8
Publisher: Rowman & Littlefield, Lanham
Language: English
Pages: 224
Product type: Book Titles

1. Contents No access
2. Foreword No access
3. Acknowledgments No access
4. Executive Summary No access
Introduction: A $10 Trillion Question No access Pages 1 - 3
1. Why We Measure Determines How We Measure No access
2. The System of National Accounts No access
3. Gross Domestic Product under SNA No access
4. Is China Concordant with the SNA Framework? No access
5. A Still Evolving System No access
1. Time Series Data versus Snapshot Data No access
2. Statistical Terms with Chinese Characteristics No access
3. Institutional Arrangements and Constraints No access
1. Choice of Measurement Year and Other Basics No access
2. Secondary Sector No access
3. Tertiary Sector No access
4. Primary Sector No access
5. Research and Development Expenditures No access
6. Appendixes No access
1. Our Headline Results and China's Official Revision No access
2. Through Domestic Economic Eyes: Revisiting Debates No access
3. Through China's Political Eyes: GDP in a Broader Context No access
4. Through Foreign Eyes: A Resized Rival No access
About the Author No access Pages 224 - 224