Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990 (Studies in the National Income and Expenditure of the UK)

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9780521496353: Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990 (Studies in the National Income and Expenditure of the UK)

The problem of disparities among 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 book includes a full set of estimates for the UK national accounts for the period 1920-1990, including runs of industrial data for the period 1948-1990. The statistical technique allows estimates of standard errors of the data to be calculated and verified.

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"This book is number seven in the distinguished series Studies in the National Income and Expenditure of the United Kingdom, founded by the late Sir Richard Stone. Fortunately, the authors have maintained the high standards of their illustrious predecessors." Journal of Economic History

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2010. Hardback. Book Condition: New. New. Language: English . Brand New Book ***** Print on Demand *****. 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. Bookseller Inventory # APC9780521496353

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James Sefton, Martin Weale
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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2010. Hardback. Book Condition: New. New. Language: English . Brand New Book ***** Print on Demand *****.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. Bookseller Inventory # APC9780521496353

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