ENGLISH

Understanding Chinese GDP

By Xuguang Song

Book information

Publisher
Springer Singapore;Palgrave Macmillan
Year
2019
ISBN
978-981-32-9732-6, 978-981-32-9733-3
Language
english
Format
PDF
Filesize
4 MB (3722611 bytes)
Edition
1st ed. 2019
Pages
XXI, 355\364
Time added
2020-02-08 04:43:17
Economics; Asian Economics; Development Theory; As

Description

This book provides in-depth analyses on accounting methods of GDP, statistic calibers and comparative perspectives on Chinese GDP. Beginning with an exploration of international comparisons of GDP, the book introduces the theoretical backgrounds, data sources, algorithms of the exchange rate method and the purchasing power parity method and discusses the advantages, disadvantages, and the latest developments in the two methods. This book further elaborates on the reasons for the imperfections of the Chinese GDP data including limitations of current statistical techniques and the accounting system, as well as the relatively confusing statistics for the service industry. The authors then make suggestions for improvement. Finally, the authors emphasize that evaluation of a country’s economy and social development should not be solely limited to GDP, but should focus more on indicators of the comprehensive national power, national welfare, and the people’s livelihood. This book will be of interest to economists, China-watchers, and scholars of geopolitics. Front Matter ....Pages i-xxi One Dropped Pebble Creates a Thousand Ripples (Xuguang Song)....Pages 1-15 Re-examining Some Problems in the Methodology of International Economic Comparison (Xuguang Song)....Pages 17-36 Limitations of the Exchange Rate Method (Xuguang Song)....Pages 37-53 Viewing and Applying the PPP Correctly (Xuguang Song)....Pages 55-95 Understanding PPP Through Examples (Xuguang Song)....Pages 97-106 Calculating China’s GDP (Xuguang Song)....Pages 107-132 Confusion in the Service Industry Data (Xuguang Song)....Pages 133-167 Similarities and Differences Between GDP and GNI (Xuguang Song)....Pages 169-199 National Power and Processing Depth Coefficient (Xuguang Song)....Pages 201-232 Comparisons of People’s Standard of Living (Xuguang Song)....Pages 233-247 Rankings of Countries in Terms of Energy, Per Capita Arable Land, Water Resources, and Expenditures on Medical and Health Care (Xuguang Song)....Pages 249-254 Changes in the GDP Rankings (Xuguang Song)....Pages 255-287 Economic Scale, the United Nations Membership Dues, and Shares of the World Bank (Xuguang Song)....Pages 289-303 ICP Shock (Xuguang Song)....Pages 305-316 Back Matter ....Pages 317-355

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