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The 1993 Revised System Of National Accounts: Where Do We Go From Here?

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  • Harry H. Postner

Abstract

The 1993 System of National Accounts is a remarkable document, but the System also has some major imbalances and omissions. The present paper spells out four aspects of the SNA that require further development: (1) accounting for the costs of economic change; (2) delineation of information as an economic commodity; (3) overhaul of the methodology underlying input‐output accounts; and, (4) consequences of the System's implicit use of compacted accounting. These developments can be incorporated in a Supplementary Document in the near future. We need not wait 25 years.

Suggested Citation

  • Harry H. Postner, 1995. "The 1993 Revised System Of National Accounts: Where Do We Go From Here?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 41(4), pages 459-469, December.
    • Handle: RePEc:bla:revinw:v:41:y:1995:i:4:p:459-469
    DOI: 10.1111/j.1475-4991.1995.tb00138.x
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