Measurement of Real Income in the System of National Accounts PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Measurement of Real Income in the System of National Accounts PDF full book. Access full book title Measurement of Real Income in the System of National Accounts by Ryan Macdonald. Download full books in PDF and EPUB format.
Author: Ryan Macdonald Publisher: ISBN: 9781100183305 Category : Disposable income Languages : en Pages : 22
Book Description
This paper makes use of both output and income statistics derived from the System of National Accounts to examine performance in the three North American countries. In doing so, the paper follows recommendations contained in the System of National Accounts 1993 (SNA 1993) for calculating aggregate real income statistics such as gross national income (GNI) and gross national disposable income (GNDI) rather than aggregate real gross domestic product (GDP), in order to demonstrate the utility of alternate measures for analyzing aggregate economic performance and the standard of living. To move from estimates of GDP to estimates of GNI and GNDI, adjustments are made for changes in relative prices, referred to as a "trading gain" (the combined effect of changes to the terms of trade and changes in the ratio of traded goods prices to non-traded goods prices), and for current account entries other than the trade balance. The paper compares real output and income measures for Mexico, the United States, and Canada. Differences between the GDP and GNDI estimates illustrate the extent to which non-production factors, such as relative price changes, can influence the economic performance of a nation, either as compared to that of other nations or in terms of a nation's ability to purchase the goods and services its citizens consume. They also illustrate the benefit of using more than one measure when comparing economic performance across countries.
Author: Ryan Macdonald Publisher: ISBN: 9781100183305 Category : Disposable income Languages : en Pages : 22
Book Description
This paper makes use of both output and income statistics derived from the System of National Accounts to examine performance in the three North American countries. In doing so, the paper follows recommendations contained in the System of National Accounts 1993 (SNA 1993) for calculating aggregate real income statistics such as gross national income (GNI) and gross national disposable income (GNDI) rather than aggregate real gross domestic product (GDP), in order to demonstrate the utility of alternate measures for analyzing aggregate economic performance and the standard of living. To move from estimates of GDP to estimates of GNI and GNDI, adjustments are made for changes in relative prices, referred to as a "trading gain" (the combined effect of changes to the terms of trade and changes in the ratio of traded goods prices to non-traded goods prices), and for current account entries other than the trade balance. The paper compares real output and income measures for Mexico, the United States, and Canada. Differences between the GDP and GNDI estimates illustrate the extent to which non-production factors, such as relative price changes, can influence the economic performance of a nation, either as compared to that of other nations or in terms of a nation's ability to purchase the goods and services its citizens consume. They also illustrate the benefit of using more than one measure when comparing economic performance across countries.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 9211615224 Category : Business & Economics Languages : en Pages : 722
Book Description
This joint publication of the United Nations, the European Commission, the International Monetary Fund, the Organization for Economic Cooperation and Development, and the World Bank reflects the changes and improvements that have been introduced to the System of National Accounts since its most recent revision in 1993. The System of National Accounts 2008 (2008 SNA) is a statistical framework that provides a comprehensive, consistent and flexible set of macroeconomic accounts for policymaking, analysis and research purposes. The 2008 SNA is expected to receive distinguished attention not only from professionals practicing in the field of national accounts but policy makers, analysts, academia and a broad range of users who rely on macroeconomic information obtainable from the updated system of accounts. It also provides an overarching framework for standards in other domains of economic statistics, facilitating the integration of these statistical systems to achieve consistency with national accounts. The publication that contains the 2008 SNA has been substantially updated from its previous version as a result of a multiyear collaborative project. Annex 3 of the publication provides a detailed description of the new features of the 2008 SNA. The 2008 SNA will support the implementation of international standards in national accounting and provide the methodological basis for improving the international comparability of national accounts data. When adopting the 2008 SNA as the updated new standard of national accounting, the United Nations Statistical Commission encouraged all countries to compile and report their national accounts on the basis of the 2008 SNA as soon as possible. The publication also provides practical new tools to complement the previously published version: a glossary of SNA terms and definitions and a comprehensive index.
Author: John W. Kendrick Publisher: Springer Science & Business Media ISBN: 9400917988 Category : Business & Economics Languages : en Pages : 458
Book Description
National income estimates date back to the late 17th century, but only in the half-century since the Second World War have economic accounts developed in their present form, becoming an indispensable tool for macroeconomic analysis, projections and policy formulation. Furthermore, it was in this period that the United Nations issued several versions of a system of national accounts (SNA) to make possible economic comparisons on a consistent basis. The latest version, SNA 1993, published in early 1994, occasioned this collection of essays and commentaries. The three chief objectives of the volume are: to enhance understanding of socioeconomic accounts generally and of SNA 1993 in particular; to offer a critique of SNA 1993, including constructive suggestions for future revisions of the system, making it even more useful for its national and international purposes; and to serve as a textbook, or book of readings in conjunction with SNA 1993, for courses in economic accounts.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 9264197451 Category : Business & Economics Languages : en Pages : 256
Book Description
Good-quality, comprehensive national accounts are vital for economicpolicymaking and research. Exhaustive coverage is difficult to achieve,however, because some economic activities may be illegal, informal,household production for own final use, or missed because of deficienciesin the data collection system. Such activities are said to constitute thenon-observed ("hidden," "underground," or "shadow") economy. ThisHandbook - the product of collaboration among the OECD, the IMF, ILO, ISC-CIS - identifies best practices for measuring the non-observed economy, consistent with international standards (in particular, with theSystem of National Accounts 1993).
Author: National Research Council Publisher: National Academies Press ISBN: 0309173833 Category : Political Science Languages : en Pages : 40
Book Description
This report had its origin in a Committee on National Statistics workshop in November 1993, one of a series on improving economic statistics, jointly sponsored by the Bureau of Economic Analysis (BEA) and the Bureau of the Census of the U.S. Department of Commerce. The focus of the workshop was on revising the presentation of the government sector in the U.S. economic accounts to bring it more into line with the international System of National Accounts (SNA) and current data collection capability, to enhance information about the public sector, and to make the U.S. accounts more comparable to those of other countries.
Author: Nancy D. Ruggles Publisher: Edward Elgar Publishing ISBN: 9781781956786 Category : Business & Economics Languages : en Pages : 582
Book Description
'Richard Ruggles, often assisted by Nancy Ruggles, has been a major contributor to national income accounting and to the empirical study of microeconomics and macroeconomics using that and other data. He has focused on the quantitative analysis of actual economic systems in a discipline increasingly preoccupied with abstract pure conceptual models. Like the work of Simon Kuznets and others, Ruggles's analyses encompass an unusually wide range of variables.' - Warren J. Samuels, Michigan State University, US This volume reflects the pioneering contribution of Nancy and Richard Ruggles to the development of national accounts. It provides a comprehensive overview of the evolution of national accounting systems over the last 50 years.
Author: Lequiller François Publisher: OECD Publishing ISBN: 9264214631 Category : Languages : en Pages : 520
Book Description
This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Author: Mr.Adriaan M. Bloem Publisher: International Monetary Fund ISBN: 9781589060319 Category : Business & Economics Languages : en Pages : 230
Book Description
This Manual provides guidance to compilers of national accounts on the concepts, data sources, and compilation methods required for development of a system of quarterly national accounts. More and more countries are recognizing that quarterly national accounts are an essential tool for management and analysis of their economy. The Manual is intended particularly for compilers who already have a knowledge of annual national accounting concepts and methods, and provides techniques for the development of a consistent time series of annual and quarterly accounts. It serves as acomplement to the System of National Accounts 1993, which has only a limited discussion of quarterly accounts, and will also prove useful as a tool for sophisticated users of quarterly national accounts.
Author: Ryan Macdonald
Author: Ryan Macdonald
Author: International Monetary Fund
Author: John W. Kendrick
Author: International Monetary Fund
Author: National Research Council
Author: G Stuvel
Author: Nancy D. Ruggles
Author: Sam Rosen
Author: Lequiller François
Author: Mr.Adriaan M. Bloem