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Measuring China’s Economic Performance
Angus Maddison & Harry X. Wu, World Economics, June 2008
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.
The Value of Value Added
William Powers, World Economics, December 2012
Measuring African GDP
Joe Downie, World Economics, June 2011
Why is the Chinese Saving Rate so High?
Guonan Ma and Wang Yi, World Economics, March 2011
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