The national accounts is commonly known by its key-aggregates (e.g. GDP and saving) and their role in public debate and decision-making. However, the national accounts plays many different roles for many different uses. This paper provides an overview of the development of these roles and uses...

This paper explains the early U.S. Department of Commerce estimates of national income and product during the 1930s and 1940s, focusing on how both economic theory and the needs of policymakers influenced the methods and concepts used. The paper explores the debate between Simon Kuznets, author...

In this paper, the four successive guidelines of the United Nations on national accounting are discussed in view of economic theory (Keynesian analysis, welfare, Hicksian income, input-output analysis, etc.) and data compilation issues (e.g. the link with concepts in administrative data...

This paper explains the early U.S. Department of Commerce estimates of national income and product during the 1930s and 1940s, focusing on how both economic theory and the needs of policymakers influenced the methods and concepts used. The paper explores the debate between Simon Kuznets, author...

This paper analyzes the nonfinancial corporation (NFC) sector's financial balance sheets using data available from the OECD. In our sample of 20 advanced economies, corporate debt in percent of GDP-a frequently used indicator in the context of corporate balance sheet adjustments-has remained...

In 1947, for the first time a report on national accounting concepts was published by the UN (the 1947 UN-report). Some years later (in 1951), the first official guidelines were published. Since then, national accounting theory and practice have increasingly been dominated by these guidelines....

National accounts figures, like economic growth and government balance, play an important role in economic decision-making and analysis. National accounts statistics have made the size, composition and developement of national economies and their major components. As a consequence, they can be...

The full-scale invasion and the subsequent introduction of Martial Law in Ukraine imposed substantial limitations on data gathering and processing by state statistical agencies. The lack of timely data severely restricts policy making and makes it difficult to assess the scale and speed of...

This paper provides an introductory overview of the meaning and measurement of national accounts statistics. Attention is paid to the various uses of national accounts, the role of the international guidelines, the relationship with economic theoretic and administrative concepts and the...

An examination of the available data between 1990 and 2005 reveals that the balance of payments of the Philippines does not record large amounts of international transactions. Unrecorded international transactions for the 16-year period amount to US$ 192 billion (in 1995 prices). The results...