| ID | 125010 |
| Title Proper | Evaluation of Chinese economic forecasts |
| Language | ENG |
| Author | Steklera, H.O ; Zhanga, Huixia |
| Publication | 2013. |
| Summary / Abstract (Note) | This paper analyses the real GDP growth and inflation forecasts prepared by the International Monetary Fund, the Organization for Economic Cooperation and Development, and the private forecasters between 1999 and 2010. The empirical results show that the long-term growth forecasts were inferior to a naïve model and were biased. The average of a number of short-term private forecasts dominated those made by the international organisations. |
| `In' analytical Note | Journal of Chinese Economics and Business Studies Vol.11, No.4; 2013: P.251-259 |
| Journal Source | Journal of Chinese Economics and Business Studies Vol.11, No.4; 2013: P.251-259 |
| Key Words | Chinese forecasts ; IMF forecasts ; OECD forecasts ; International Monetary Fund -IMF ; Asian Development Bank - ADB ; Asian Development Cooperation - ADC ; Organization for Economic Cooperation and Development - OECD ; International Organisations ; China ; Chinese Economy |