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宏观经济分析五(Macroeconomic analysis five)
宏观经济分析五(Macroeconomic analysis five)
Mistakes in macro analysis (five): national income ignores Eden
National income account is the first lesson in macroeconomics. Accepted as the most depressing subject of economics. No one was interested in the students, but fortunately everyone knew that the teacher would not be able to test them in this respect. The national income account is to teach the government how to count several different national income, how the international trade is recorded, how the tax and government finances are calculated, and so on. Boring as that year, I cant concentrate for five minutes.
Here are some interesting topics to talk about. National income accounts by using the statistical method of the government, there is not much economic content, if we take the concept of economics to measure these statistics, will find many places with economic theory. Unfortunately, macro refers to the economy in terms of these figures.
(five) income figures are misleading
National income statistics are designed to measure life standards roughly. In one country, the changes in these statistics are misleading, but comparisons between countries are quite different.
Not long ago (two August 2001) reported that Chinas total national income began to exceed Japan, which means just over. This is in dollars. In essence, the total national income, I think, has surpassed and surpassed many. The population of China is ten times that of Japan, more than 30 times of the land, and about twenty times as good as the land. In dollar terms, Chinas total national income should exceed ten times that of Japan. Im afraid it will be a long time coming, but it should not be difficult to exceed ten times in essence. The price in Japan is much higher than China Qiqiang, while the yen in the world, and so Chinese compared to real income is Japanese overvalued. The essence of China income difference with Japan to adjust to not shallow knowledge, is what I want to say a digression.
Three i
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