Approximating the DGP of China's quarterly GDP

C-Tier
Journal: Applied Economics
Year: 2013
Volume: 45
Issue: 24
Pages: 3469-3472

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We demonstrate that the Data Generating Process (DGP) of China's cumulated quarterly Gross Domestic Product (GDP, current prices), as it is reported by the National Bureau of Statistics of China (NBSC), can be (very closely) approximated by a simple rule. This rule says that the annual growth in any quarter is equal to the annual growth in its previous quarter plus an error term that is only nonzero in the first quarter of each year and with small variance. We show that this rule fits the data well for the period 1992Q1--2005Q4 for total GDP. It also gives accurate forecasts for 2006Q1--2009Q4.

Technical Details

RePEc Handle
repec:taf:applec:v:45:y:2013:i:24:p:3469-3472
Journal Field
General
Author Count
2
Added to Database
2026-01-25