Arbeitspapier

In search of fluctuations: Another look at China's incredibly stable GDP growth

China's official real GDP growth has held surprisingly stable in recent years. As national GDP figures influence both policy analysis and political decisions, the GDP growth rate of the massive Chinese economy has also great international implications. Taking the nominal GDP growth and price index data as given and experimenting with alternative deflators, this paper attempts to track missing fluctuations in real GDP growth in recent years. Based on the constructed growth series, real GDP growth decreased during 2015–2016 and picked up in 2017. Growth has been again decelerating this year. Furthermore, the constructed growth rate seems to be well below the recent official figures.

ISBN
978-952-323-256-3
Language
Englisch

Bibliographic citation
Series: BOFIT Discussion Papers ; No. 23/2018

Classification
Wirtschaft
Multiple or Simultaneous Equation Models: Classification Methods; Cluster Analysis; Principal Components; Factor Models
Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

Event
Geistige Schöpfung
(who)
Kerola, Eeva
Event
Veröffentlichung
(who)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(where)
Helsinki
(when)
2018

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Kerola, Eeva
  • Bank of Finland, Institute for Economies in Transition (BOFIT)

Time of origin

  • 2018

Other Objects (12)