National accounts: barometer, telescope and compass for the national economy

This note briefly describes the merits and limitations of the national accounts, e.g. GDP per capita is a simple measure of material welfare, but not a comprehensive measure of welfare.

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Year of publication:	2011
Authors:	Bos, Frits
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	GDP \| welfare \| measurement in economics \| macro-economic statistics \| fiscal policy \| macro-economic policy \| economic growth

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; A20 - Economics Education and Teaching of Economics. General ; E01 - Measurement and Data on National Income and Product Accounts and Wealth ; C67 - Input-Output Models ; O40 - Economic Growth and Aggregate Productivity. General ; E60 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008873547