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Who Shrunk China? Puzzles in the Measurement of Real GDP

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NBER2012-01-01 更新2025-01-04 收录
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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

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2012-01-01
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