the problem of nominal GDP is not counting exports... they only calculate component sales... stupid way of calculating GDP... https://t.co/JplU6YGg25
OUT NOW: Vol. 29 No 1! @joanvanheijster and @daniel_j_derock trace the adoption of GDP as a key macroeconomic indicator in China, which started only in 1993, and took almost a decade! https://t.co/9iBvwSmPz8 https://t.co/SnCi8EYoRa
Progressivement tout le monde l’adopte (la Chine seulement en 1993 !) et le PIB passe de moyen à finalité politique absolue. Il devient le Saint-Graal de nos économies modernes. https://t.co/Q7Rh64LKD5.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: @ingridharvold @jacob_assa you rightly point to the gap in research on the politics of economic output measurement in…
@ingridharvold @jacob_assa you rightly point to the gap in research on the politics of economic output measurement in China. But no worries, I'm working on it. For those interested see: https://t.co/jGSTzvel9i & https://t.co/9I5tY4d2em (open access). M
RT @joanvanheijster: Want to know more about the history of GDP indicator in China? Also consider this (open access) article by @daniel_der…
Want to know more about the history of GDP indicator in China? Also consider this (open access) article by @daniel_derock & me about the experimental diffusion of GDP measurement to China #macroeconomic #statistics #China (3/3) https://t.co/jGSTzvel9i
RT @PMehrling: Accounting matters.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @shehzadhqazi: Give this quick thread on China's GDP accounting a read and check out the article. https://t.co/iDz68hvKLo
Give this quick thread on China's GDP accounting a read and check out the article.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
This is a good thread
RT @laurimyllyvirta: This is very important - perhaps in no country has the GDP fetish steered policy and resource use more than in China,…
@MPIainDS China’s "GDP" statistic is not directly comparable with GDP of other countries. See thread and link below. @ipacglobal
This is very important - perhaps in no country has the GDP fetish steered policy and resource use more than in China, and China's GDP is an even more imperfect measure of things that matter than those of market economies.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
😮
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
CCP figures = fake figures. Li Keqiang, PM of CCP China, one said in a press conference that he personally did NOT trust those figures published by his gov.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
Good thread on why China's GDP is incomparable to other Western countries. In the West, GDP is added up on the demand side or via income. In China, it's added via supply side or output bc Soviet tradition. In theory (macro 101), they are the same. In prac
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
👇🏼
this type of content is so so so my jammmm
Thread on China’s version of GDP.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @PMehrling: Accounting matters.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
Accounting matters.
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
@J_Jakobowski @BartekKowalski1 @grzestec @b_goralczyk @a_bachulska post-Soviet measurements in #China #economy
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
Un breve #hilo de @michaelxpettis para retomar la engañosa relación entre economía y PIB en China. La conclusión y el problema: "Recognizing the hybrid nature of China’s GDP measure leaves one without an obvious and easy way to make an objective adjustmen
RT @michaelxpettis: 1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and u…
1/7 Very interesting piece on the gradual and imperfect transition (“GDP adoption in China was an experimental – and ultimately unsuccessful – process of translation”) in China from the Soviet-invented Material Product System (MPS) of accounting for... h
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
Beau sujet. "China’s adoption of GDP was driven at every step by domestic actors."
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
RT @joanvanheijster: Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusio…
Now online (open access) in @RIPEJournal by @daniel_derock and me: 'How GDP spread to China: the experimental diffusion of macroeconomic measurement' https://t.co/jGSTzvel9i. #GDP #China #politicsofstatistics