MARC Record from Library of Congress

LEADER: 01665nam a22002777a 4500
001 2011657588
003 DLC
005 20120228193026.0
007 cr |||||||||||
008 120228s2012 mau sb 000 0 eng
010 $a 2011657588
040 $aDLC$cDLC
050 00 $aHB1
245 00 $aWho shrunk China?$h[electronic resource]$bpuzzles in the measurement of real GDP /$cRobert C. Feenstra ... [et al.].
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2012.
490 1 $aNBER working paper series ;$vworking paper 17729
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 2/28/2012.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"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.
700 1 $aFeenstra, Robert C.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 17729.
856 40 $uhttp://www.nber.org/papers/w17729