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Deconstructing China's GDP statistics

Authors Holz, Carsten A. View this author's profile
Issue Date 2004
Source China Economic Review , v. 15, (2), 2004, p. 164-202
Summary China's National Bureau of Statistics (NBS) has on repeated occasions explained in great detail how its GDP statistics are derived from the underlying data. Based on these explanations, this article reconstructs Chinese official household consumption, which accounts for half of GDP. The findings are condemning. Not only do the various official explanations offered between 1997 and 2001 differ from each other, but none allows the researcher to accurately reconstruct household consumption. Furthermore, the relationship between the GDP component household consumption and the underlying data varies from year to year, which suggests that time series comparisons of Chinese GDP may be invalid. © 2003 Elsevier Inc. All rights reserved.
ISSN 1043-951X
Rights China Economic Review © copyright 2004 Elsevier. The Journal's web site is located at
Language English
Format Article
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