Meaning and Measurement of National Accounts Statistics
40 Pages Posted: 14 Mar 2013
Date Written: March 12, 2013
Abstract
This paper provides an introductory overview of the meaning and measurement of national accounts statistics. Attention is paid to the various uses of national accounts, the role of the international guidelines, the relationship with economic theoretic and administrative concepts and the measurement practice. The latter is also compared with compiling other statistics, econometric modelling and a barometer: what are the similarities and differences?
Keywords: Uses of national accounts, history of national accounting and macro-economic statistics, relevance and reliability of the national accounts, Petty, King, Vauban, Quesnay, Keynes, Clark, Kuznets, Leontief, Tinbergen, Hicks, Stone, Meade, guidelines on national accounting, European unification
JEL Classification: B00, C82, D70, E01, E60, O10, O20, O47, O57, Q56
Suggested Citation: Suggested Citation