The Inflation Paradox in China and Its Reason

DOI

10.2991/meici-15.2015.32How to use a DOI?

Keywords

CPI; GDP Deflator; Inflation Paradox

Abstract

Theoretically speaking, there are two methods to calculate the inflation: CPI and GDP deflator. Although these two methods might have different results, the difference would be normally very slight and the calculation based on CPI tends to get higher inflation rates than the one based on GDP deflator. However, the Chinese inflation is paradoxical to the above normal result. Specifically, the results from two methods are hugely different and the calculation based on CPI is far less than the one based on GDP deflator. This paper aims to discuss the possible reasonS for these paradoxical results in China. Researchers assert that it is the exclusive of the household price and rental price that play the most important role in these paradoxical results.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Song Chen
PY  - 2015/06
DA  - 2015/06
TI  - The Inflation Paradox in China and Its Reason
BT  - Proceedings of the 2015 International Conference on Management, Education, Information and Control
PB  - Atlantis Press
SP  - 163
EP  - 167
SN  - 1951-6851
UR  - https://doi.org/10.2991/meici-15.2015.32
DO  - 10.2991/meici-15.2015.32
ID  - Chen2015/06
ER  -