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In this paper, we examine the changes in per-capita income and productivity from 1700 to modern times, and show four …
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The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review … than an output-weighted measure of GDP. Taking all these together, we estimate that real per-capita GDP in China was 50 …
Persistent link: https://www.econbiz.de/10012460928
The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review … than an output-weighted measure of GDP. Taking all these together, we estimate that real per-capita GDP in China was 50 …
Persistent link: https://www.econbiz.de/10013112848
"In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this...
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