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Study On Some Problems In Estimating China’s Gross Domestic Product

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  • Xi Xianchun

Abstract

This paper discusses the five main problems with current price estimates of China’s Gross Domestic Product (GDP). These are the measurement of housing services, fiscal subsidies, welfare services provided within enterprises, rural industry and livestock products. The paper gives the possible ranges of error arising from problems in these areas and shows their quantitative impact on GDP estimates. The paper concludes that these problems have some impact on the structure of China’s GDP, but limited impact on the total size of China’s GDP. The official estimates, therefore, provide a reasonably accurate measure of the size of China’s current price GDP.

Suggested Citation

  • Xi Xianchun, 2002. "Study On Some Problems In Estimating China’s Gross Domestic Product," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(2), pages 205-215, June.
    • Handle: RePEc:bla:revinw:v:48:y:2002:i:2:p:205-215
    DOI: 10.1111/1475-4991.00048
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