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Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990.
・ISBN 978-0-521-12007-4 paper GB£ 35.00
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| 著者・編者 | Sefton, James / Weale, Martin, |
|---|---|
| シリーズ | (Studies in the National Income and Expenditure of the UK) |
| 出版社 | (Cambridge University Press, UK) |
| 出版年月 | 2009 |
| ページ数 | 344 pp. |
| 言語 | ENG |
| ニュース番号 | ＜A03-30603＞ |
解説
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.