It takes the average reader and 24 minutes to read Consumption Based Estimates of Urban Chinese Growth by Mr. Marcos Chamon
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This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households in 1993β2005. Our estimates, based on Engel curves for food consumption, indicate an average per capita income growth of 6.8 percent per year in 1993β2005. 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 βpro-poor,β in the sense that the increase in the cost of living for poorer households was smaller than for the average one.
Consumption Based Estimates of Urban Chinese Growth by Mr. Marcos Chamon is 24 pages long, and a total of 6,096 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Consumption Based Estimates of Urban Chinese Growth aloud.
Consumption Based Estimates of Urban Chinese Growth is suitable for students ages 8 and up.
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