Characteristics and Implications of Chinese Macroeconomic Data Revisions
Recent research examining U.S. macroeconomic data suggests that revisions may be much more important than traditionally assumed. This paper extends the analysis to Chinese data, where there has been substantial debate about data quality for some time. The key finding in this paper is that indeed the Chinese macroeconomic data revisions are not well-behaved, but that they are not much different from U.S. macroeconomic data revisions.
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