A History of National Accounting - download pdf or read online

By A. Vanoli

ISBN-10: 1586034693

ISBN-13: 9781586034696

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Example text

In the Netherlands, Ed van Cleeff made his estimates for 1938 (published in 1941) within a format o f a national accounting system. By this time, in Scandinavia, the vision o f Ragnar Frisch (1895-1973, Nobel Prize 1969), one of the founders of econometrics, regarding a system of national accounts proceeds from a different source of inspiration. His perspective stems neither from analogies with business accounting nor from the purpose of improving the definition of national income and its measurement.

In so doing, he provides a theoretical base for the measurement of these concepts, which in previous works on national income proceeded from a completely empirical approach. He therefore paved the road for the national accounts aggregates to enter into the debates of economic policy, generating an impressive public requirement for national accounts. The situation o f which Colin Clark complains will soon change in Great Britain. That is not the case for France, which will be lagging behind with poor statistics and a lack of official interest.

Book II, Chapter VI). In so doing, he provides a theoretical base for the measurement of these concepts, which in previous works on national income proceeded from a completely empirical approach. He therefore paved the road for the national accounts aggregates to enter into the debates of economic policy, generating an impressive public requirement for national accounts. The situation o f which Colin Clark complains will soon change in Great Britain. That is not the case for France, which will be lagging behind with poor statistics and a lack of official interest.

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A History of National Accounting by A. Vanoli


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