China's GDP growth may be understated

Hunter Clark, Maxim Pinkovskiy and Xavier Sala-i-Martin

China Economic Review, 2020, vol. 62, issue C

Abstract: •Using data on nighttime lights, we compute the weights of different Chinese indicators in an optimal index of Chinese economic growth•We find that the Li Keqiang index should be reweighted, with loan growth receiving 60% of the weight and railroad freight growth receiving only 10%.•Our findings are consistent with Chinese growth being higher in 2015 than reported in the official statistics.

Date: 2020
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Working Paper: China's GDP Growth May be Understated (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:62:y:2020:i:c:s1043951x18301470

DOI: 10.1016/j.chieco.2018.10.010

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