Reconciliation of National Income and Expenditure : Balanced Estimates of National Income for the United Kingdom, 1920–1990
Book Details
Format
Hardback or Cased Book
ISBN-10
0521496357
ISBN-13
9780521496353
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 18th, 1996
Print length
344 Pages
Weight
626 grams
Dimensions
16.10 x 23.60 x 2.40 cms
Product Classification:
EconometricsEconometrics and economic statistics
Ksh 23,600.00
Manufactured on Demand
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Disparities between different GDP estimates are well known and widely discussed. Here, the authors describe a method for examining the discrepancies, allocating them with reference to data reliability. The book includes a full set of estimates for the UK national accounts for the period 1920–1990.
This book was first published in 1995. The problem of disparities between different estimates of GDP is well known and widely discussed. Here, the authors describe a method for examining the discrepancies using a technique allocating them with reference to data reliability. The method enhances the reliability of the underlying data and leads to maximum-likelihood estimates. It is illustrated by application to the UK national accounts for the period 1920–1990. The book includes a full set of estimates for this period, including runs of industrial data for the period 1948–1990, which are longer than those available from any other source. The statistical technique allows estimates of standard errors of the data to be calculated and verified; these are presented both for data in levels and for changes in variables over 1-, 2- and 5-year periods.
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