Harry X. Wu

Harry X. Wu is Associate Professor of Economics at Hong Kong Polytechnic University. He received his BA and MA from the Nankai School of Economics, his PhD from the University of Waikato, New Zealand and conducted post-doctoral research at the University of Adelaide. His major areas of research include economic growth and productivity analysis, related macroeconomic measurement issues, and the political economy of economic reform in China. He has published and edited books on issues related to China’s economic reform. His research papers have appeared in the Review of Income and Wealth, China Economic Review, and The China Quarterly. In 1996-97, he worked as a senior economist at the East Asia Analytical Unit, Australian Department of Foreign Affairs and Trade. He has been a visiting fellow at the Groningen Growth and Development Centre, Institute of Economic Research, Hitotsubashi University, Japan, and the Research School of Pacific Asia Studies, Australian National University. He is a council member of the International Association for Research in Income and Wealth (IARIW). He is on the editorial board of the Review of Income and Wealth, Journal of Chinese Economic and Business Studies and The ICP Bulletin of the World Bank. He also worked as a consultant for China’s National Bureau of Statistics, the World Bank, Asian Development Bank, Canadian International Development Research Centre, Australian Centre for International Agricultural Research and The Conference Board (New York).

Papers Published in World Economics:

Measuring China’s Economic Performance

China is the world’s fastest growing economy and is also the second largest. However, the official estimates of the Chinese National Bureau of Statistics exaggerate GDP growth and need adjustment to conform to international norms as set out in the 1993 System of National Accounts (SNA). This paper presents and discusses the necessary adjustments. The two major contributions are new volume indices for the industrial sector and for "non-material" services. Finally, in order to measure the level of Chinese GDP in internationally comparable terms, the authors use a measure of purchasing power parity (PPP) instead of the exchange rate.

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