Consumption Based Estimates of Urban Chinese Growth:
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households in 1993-2005. Our estimates, based on Engel curves for food consumption, indicate an average per capita income growth of 6.8 percent per year in 1993-2005. This figure is slightly la...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2013
|
Schriftenreihe: | IMF Working Papers
Working Paper No. 13/265 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households in 1993-2005. Our estimates, based on Engel curves for food consumption, indicate an average per capita income growth of 6.8 percent per year in 1993-2005. This figure is slightly larger than the 5.9 percent per year obtained by deflating nominal incomes by the CPI. We attribute this discrepancy to a small bias in the CPI, which is of a similar magnitude to the one often associated with the CPI in the United States. Our estimates indicate stronger gains among poorer households, suggesting that urban inflation up to 2005 in China was "pro-poor," in the sense that the increase in the cost of living for poorer households was smaller than for the average one |
Beschreibung: | 1 Online-Ressource (24 p) |
ISBN: | 1484329678 9781484329672 |
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spelling | Chamon, Marcos Verfasser aut Consumption Based Estimates of Urban Chinese Growth Chamon, Marcos Washington, D.C International Monetary Fund 2013 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 13/265 This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households in 1993-2005. Our estimates, based on Engel curves for food consumption, indicate an average per capita income growth of 6.8 percent per year in 1993-2005. This figure is slightly larger than the 5.9 percent per year obtained by deflating nominal incomes by the CPI. We attribute this discrepancy to a small bias in the CPI, which is of a similar magnitude to the one often associated with the CPI in the United States. Our estimates indicate stronger gains among poorer households, suggesting that urban inflation up to 2005 in China was "pro-poor," in the sense that the increase in the cost of living for poorer households was smaller than for the average one Online-Ausg Carvalho Filho, Irineu E. Sonstige oth http://elibrary.imf.org/view/IMF001/21004-9781484329672/21004-9781484329672/21004-9781484329672.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Chamon, Marcos Consumption Based Estimates of Urban Chinese Growth |
title | Consumption Based Estimates of Urban Chinese Growth |
title_auth | Consumption Based Estimates of Urban Chinese Growth |
title_exact_search | Consumption Based Estimates of Urban Chinese Growth |
title_exact_search_txtP | Consumption Based Estimates of Urban Chinese Growth |
title_full | Consumption Based Estimates of Urban Chinese Growth Chamon, Marcos |
title_fullStr | Consumption Based Estimates of Urban Chinese Growth Chamon, Marcos |
title_full_unstemmed | Consumption Based Estimates of Urban Chinese Growth Chamon, Marcos |
title_short | Consumption Based Estimates of Urban Chinese Growth |
title_sort | consumption based estimates of urban chinese growth |
url | http://elibrary.imf.org/view/IMF001/21004-9781484329672/21004-9781484329672/21004-9781484329672.xml |
work_keys_str_mv | AT chamonmarcos consumptionbasedestimatesofurbanchinesegrowth AT carvalhofilhoirineue consumptionbasedestimatesofurbanchinesegrowth |