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Some Overlooked National Product Data

Published online by Cambridge University Press:  17 February 2009

Robert Michael Field
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Extract

The performance of the Chinese economy is a subject of great interest to many people, and a number of western scholars have put considerable effort into estimating the growth of China's national product, but no one has made use, either directly in his calculations or indirectly as a check on his work, of the aggregative data that Premier Chou En-lai gave to the late Edgar Snow during the winter of 1970–71.

Type
Research Notes
Information
The China Quarterly , Volume 59 , September 1974 , pp. 583 - 586
Copyright
Copyright © The China Quarterly 1974

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References

1. Snow, Edgar, “Talks with Chou En-lai: the open door,” The New Republic, 27 03 1971, p. 20Google Scholar.

2. Ibid. p. 21.

3 Ibid..

4. Ibid..

5. The output of grain was 185 million metric tons in 1957 (see State Statistical Bureau, Ten Great Years (Peking, 1960), p. 119)Google Scholarand 240 million metric tons in 1970 (seeSnow, , “Talks with Chou En-lai,” p. 20)Google Scholar.

6. Field, Robert Michael, “Chinese industrial development: 1949–70,” People's Republic of China: An Economic Assessment (Joint Economic Committee of the U.S. Congress: Washington, D.C., 1972), p. 63Google Scholar.

7. Chinese data for the gross value of industrial output are not simply the sum of price times quantity because of the method by which they are collected. For a description of the factory reporting method and some of the defects of officially reported data, seeField, Robert Michael, “Labor productivity in industry,” Eckstein, , Galenson, and Iiu, (eds), Economic Trends in Communist China (Chicago, 1968), pp. 638–44Google Scholar.

8. Ashbrook, Arthur G. Jr, “China: economic policy and economic results,” People's Republic of China: An Economic Assessment (Joint Economic Committee of the U.S. Congress: Washington, D.C., 1972), p. 47Google Scholar. Eckstein, Alexander, “Economic growth and change in China: a twenty-year perspective,” The China Quarterly, No. 54 (1973), p. 232CrossRefGoogle Scholar. Liu, Ta-Chung and Yeh, Kung-Chia, “Chinese and other Asian economics: a quantitative evaluation,” The American Economic Review, Vol. 63, No. 2 (1973), p. 219Google Scholar. Rawski, Thomas G., “Recent trends in the Chinese economy,” The China Quarterly, No. 53 (1973), p. 21Google Scholar.