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Research on the Divergence between Local GDP Statistics and National GDP Statistics in China

Qingji Zhou

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Abstract

The accuracy and credibility of the GDP statistics in China have been questioned by some scholars.One of the most notable manifestations in Chinese GDP statistics is the inconformity of the sum of the local GDP statistics and national GDP statistics.The paper testifies the severity of this issue after analyzing historical statistics,points that there is no consensus on the accuracy of national GDP statistics,and then concluds four widely acknowledged causes of the inconformity in GDP statistics and several solutions by literature review.On the basis of existing research,the paper finds the orientation and path to solve the connection problem between local and national GDP statistics.

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What this paper is about

The accuracy and credibility of the GDP statistics in China have been questioned by some scholars.One of the most notable manifestations in Chinese GDP statistics is the inconformity of the sum of the local GDP statistics and national GDP statistics.The paper testifies the severity of this issue after analyzing historical statistics,points that there is no consensus on the accuracy of national GDP statistics,and then concluds four widely acknowledged causes of the inconformity in GDP statistics and several solutions by literature review.On the basis of existing research,the paper finds the orientation and path to solve the connection problem between local and national GDP statistics.

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Available abstract

The accuracy and credibility of the GDP statistics in China have been questioned by some scholars.One of the most notable manifestations in Chinese GDP statistics is the inconformity of the sum of the local GDP statistics and national GDP statistics.The paper testifies the severity of this issue after analyzing historical statistics,points that there is no consensus on the accuracy of national GDP statistics,and then concluds four widely acknowledged causes of the inconformity in GDP statistics and several solutions by literature review.On the basis of existing research,the paper finds the orientation and path to solve the connection problem between local and national GDP statistics.

Key concepts: Statistics, Economic statistics, Official statistics, GDP deflator, China, Summary statistics, Real gross domestic product, National accounts

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