This paper briefly introduces the price indices and their compilation methods employed in estimating constant GDP by production approach,together with a presentation of various Chinese style price indices of year-on-y...
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This paper briefly introduces the price indices and their compilation methods employed in estimating constant GDP by production approach,together with a presentation of various Chinese style price indices of year-on-year type,year-to-year type and fixed-base type published in the China Statistical Yearbook. Through comparative analysis,difference between the above Chinese style price indices and their counterparts corresponding to the relevant international standard terminology is revealed through presenting the price index formula *** addition, this paper also summarizes the method of constant GDP estimation and the system of price statistics implemented in China and shows the underlying problems accompanied with the existing system and practice of the price statistics in the National Bureau of Statistics of China(NBS).Finally,recommendations and suggestions on the improvement of the international comparability of GDP at constant prices and price index compilation exercises are proposed for special consideration by the authorities concerned.
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