Without national accounts statistics, citizens, politicians, entrepreneurs and economists would be blind for the size, composition and development in national economies. This book provides an unique overview of the merits and limitations of the national accounts. Attention is paid to the three...

This paper discusses the often misunderstood relationship between economic theory and national accounting. Attention is drawn to the consistency required in a national accounting system, to national accounts statistics as a transformation of primary data and to the fundamentally different...