Recent Trends in China’s Distribution of Income and Consumption: A Review of the Evidence

Eric D. Ramstetter, Erbiao Dai () and Hiroshi Sakamoto
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Eric D. Ramstetter: Study of East Asian Development (ICSEAD)
Hiroshi Sakamoto: Study of East Asian Development (ICSEAD)

Chapter 6 in Resurgent China, 2009, pp 149-180 from Palgrave Macmillan

Abstract: Abstract It is well known that China’s economy has grown very rapidly in recent years, though there is some controversy over precisely how fast economic growth has been. For example, the new (revised) series on Gross Domestic Product (GDP) suggest that between 1993 and 2004, China’s per capita GDP increased 4.1 times in nominal terms and 2.7 times in real terms (Tables 6.1, 6.2).1 The old national estimates suggest a somewhat slower increase, 3.6-fold and 2.3-fold, respectively, but the old region-based estimates indicate a more rapid increase for the nation, 4.4-fold and 3.0-fold, respectively. The new national series is probably the most accurate because it incorporates new data and estimation techniques.

Keywords: Gross Domestic Product; Disposable Income; Rural Household; Urban Household; Capita Gross Domestic Product (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1057/9780230234253_6

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