Inflation in China, 1953-1978

Philip Hans Franses

doi:10.1080/17538963.2019.1679329

Inflation in China, 1953-1978

Philip Hans Franses^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

1 Citation (Scopus)

24 Downloads (Pure)

Abstract

This paper reconstructs annual inflation figures for China, for the period 1953–1978, where inflation concerns the Consumer Price Index (CPI). One alternative index and two new models are considered. The models associate CPI based inflation with the GDP inflator and with retail prices, for the years after 1978. A combination of the three ‘forecasts’ is taken as the reconstructed series. This new inflation series has proper face value and can be used for macroeconomic data analysis in China.

Original language	English
Pages (from-to)	290-298
Number of pages	9
Journal	China Economic Journal
Volume	13
Issue number	3
DOIs	https://doi.org/10.1080/17538963.2019.1679329
Publication status	Published - 16 Oct 2019

Bibliographical note

JEL CLASSIFICATIONS: E31, N15
Publisher Copyright:
© 2019 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

Access to Document

10.1080/17538963.2019.1679329

Inflation in China 1953 1978Final published version, 1.32 MBLicence: CC BY-NC-ND

Cite this

@article{0f192687445f479e9294ce816f9e3969,

title = "Inflation in China, 1953-1978",

abstract = "This paper reconstructs annual inflation figures for China, for the period 1953–1978, where inflation concerns the Consumer Price Index (CPI). One alternative index and two new models are considered. The models associate CPI based inflation with the GDP inflator and with retail prices, for the years after 1978. A combination of the three {\textquoteleft}forecasts{\textquoteright} is taken as the reconstructed series. This new inflation series has proper face value and can be used for macroeconomic data analysis in China.",

author = "Franses, {Philip Hans}",

note = "JEL CLASSIFICATIONS: E31, N15 Publisher Copyright: {\textcopyright} 2019 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.",

year = "2019",

month = oct,

day = "16",

doi = "10.1080/17538963.2019.1679329",

language = "English",

volume = "13",

pages = "290--298",

journal = "China Economic Journal",

issn = "1753-8963",

publisher = "Routledge",

number = "3",

}

TY - JOUR

T1 - Inflation in China, 1953-1978

AU - Franses, Philip Hans

PY - 2019/10/16

Y1 - 2019/10/16

N2 - This paper reconstructs annual inflation figures for China, for the period 1953–1978, where inflation concerns the Consumer Price Index (CPI). One alternative index and two new models are considered. The models associate CPI based inflation with the GDP inflator and with retail prices, for the years after 1978. A combination of the three ‘forecasts’ is taken as the reconstructed series. This new inflation series has proper face value and can be used for macroeconomic data analysis in China.

AB - This paper reconstructs annual inflation figures for China, for the period 1953–1978, where inflation concerns the Consumer Price Index (CPI). One alternative index and two new models are considered. The models associate CPI based inflation with the GDP inflator and with retail prices, for the years after 1978. A combination of the three ‘forecasts’ is taken as the reconstructed series. This new inflation series has proper face value and can be used for macroeconomic data analysis in China.

UR - http://www.scopus.com/inward/record.url?scp=85074347877&partnerID=8YFLogxK

U2 - 10.1080/17538963.2019.1679329

DO - 10.1080/17538963.2019.1679329

M3 - Article

AN - SCOPUS:85074347877

SN - 1753-8963

VL - 13

SP - 290

EP - 298

JO - China Economic Journal

JF - China Economic Journal

IS - 3

ER -

Inflation in China, 1953-1978

Abstract

Bibliographical note

Access to Document

Other files and links

Fingerprint

Cite this