What is the Size of the Chinese Economy?

4 Pages Posted: 31 Mar 2011

See all articles by Leonardo Cruz Basso

Leonardo Cruz Basso

Mackenzie Presbyterian University - Business Administration

Date Written: March 29, 2011

Abstract

We propose an alternative measure to compare the sizes of the Chinese and American economy. The relevant exchange rate to compare both economies is the value of money in the Unites States divided by the value of money in China, taking into consideration the relationship between hours of labor.

Keywords: value of money, purchasing power parity, pegged exchange rate, labor theory ovalue

JEL Classification: F41, E44

Suggested Citation

Cruz Basso, Leonardo, What is the Size of the Chinese Economy? (March 29, 2011). Available at SSRN: https://ssrn.com/abstract=1798744 or http://dx.doi.org/10.2139/ssrn.1798744

Leonardo Cruz Basso (Contact Author)

Mackenzie Presbyterian University - Business Administration ( email )

Rua da Consolacao, 896 7 - andar sala 73
01302-907 Sao Paulo
Brazil
+55 11 32368597 (Phone)
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