Franses, Philip Hans; Mees, Heleen - In: Applied Economics 45 (2013) 24, pp. 3469-3472
We demonstrate that the Data Generating Process (DGP) of China's cumulated quarterly Gross Domestic Product (GDP, current prices), as it is reported by the National Bureau of Statistics of China (NBSC), can be (very closely) approximated by a simple rule. This rule says that the annual growth in...