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, Series Number 7)

Sefton, James; Weale, Martin

ISBN 10: 0521120071 / ISBN 13: 9780521120074

Published by Cambridge University Press, 2009

About this Item

Seller Inventory # I-9780521120074

Bibliographic Details

• Title: 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, Series Number 7)
• Publisher: Cambridge University Press
• Publication Date: 2009
• Language: English
• ISBN 10: 0521120071
• ISBN 13: 9780521120074
• Binding: Soft cover
• Condition: New

About this title

Synopsis

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.

Review

"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