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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...
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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...
Persistent link: https://www.econbiz.de/10012460928
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"Brings a borderlands perspective to the history of China. From the eighth to thirteenth centuries along Chinas rugged southern periphery, trade in tribute articles and an interregional horse market thrived. These ties dramatically affected imperial Chinas relations with the emerging kingdoms in...
Persistent link: https://www.econbiz.de/10014507598
Intense US-China commercial rivalry is quantified in this paper with novel non-parametric relative resistance sufficient statistics. The accounting method minimizes the demand specification error variance in revealed resistances. China's manufacturing seller incidence falls (seller price rises)...
Persistent link: https://www.econbiz.de/10014576571