Measurement of Services Sector Statistics in the People’s Republic of China: How can They be Improved?
Pant, Bishnu Dev; Blades, Derek | November 2007
Abstract
The People’s Republic of China (PRC) is one of the fastest growing economies in the world. It has achieved very high gross domestic product (GDP) growth rates over more than two decades. Because of the PRC’s size and its impact on the world economy, its national accounts estimates have been highly scrutinized by experts over the years. Questions have been raised about the accuracy of official estimates of GDP level and growth rates. The services sector presents a particular cause of concern because of the lack of regular and reliable statistics on service activities. The consequence of this is that official estimates of services sector value-added have been underestimated in the past. This paper discusses present practices in compiling statistics on the PRC’s services sector, identifies gaps and weaknesses in the computation of data and in the estimation procedures being used, and makes recommendation for improving estimates of the services sector in the PRC.
Citation
Pant, Bishnu Dev; Blades, Derek. 2007. Measurement of Services Sector Statistics in the People’s Republic of China: How can They be Improved?. © Asian Development Bank. http://hdl.handle.net/11540/1870. License: CC BY 3.0 IGO.ISSN
1995-2996
Keywords
Comprehensive Development Framework
Development Challenges
Development Planning
Millennium Development Goals
Policy Development
Program Evaluation
Performance Evaluation
Evaluation Criteria
Capital Market Development
Development Economics
Financial Sector Development
Technology Development
World Development Indicators
Evaluation Methods
Development assistance
ADB
Curriculum development
Development assistance
Development aid
Development indicators
Development potential
Development models
Project appraisal
Performance appraisal
Economic development
Economic indicators
Government programs
Economic growth
Economic policy
Industrial development
Industrial policy
Technology assessment
Economic evaluation
Economic forecast
Input output analysis
Communication in rural development
Communication in community development
Infrastructure
Central planning
Endowment of research
Partnership
Joint venture
Nation-building
Risk assessment
Economic development projects
Economic forecasting
Industrial research
Participatory monitoring and evaluation
Economic policy
Economic forecasting
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Citable URI
http://hdl.handle.net/11540/1870Metadata
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