Read this article https://www.stlouisfed.org/on-the-economy/2017/september/some-alternative-methods-tracking-chinese-gdp . discussing alternatives for measuring GDP in China. China presents a unique problem with GDP measurement, not only do measures suffer from the typical problems of difficulty in collecting data and whether we are measuring the right thing, but also there is a lot of concern about the veracity of the numbers provided, since many provincial and city officials have a strong incentive to provide false data. The article addresses some methods for getting around this problem.

Of the measures provided in the article, which do you believe might be most effective? Do you think these would help with the US? And, what are some other potential measures that you would like to see to use as a proxy for GDP?

Plain-text article link: https://www.stlouisfed.org/on-the-economy/2017/september/some-alternative-methods-tracking-chinese-gdp