Advanced Search
MyIDEAS: Login

Extended Measures of National Income and Saving

Contents:

Author Info

  • Makin, A. J.

    (University of Queensland)

Abstract

National wealth, as a stock measure, is conceptually equivalent to residents' net worth or the difference between the tangible and foreign assets which residents own, offset by foreigners' claims to those assets. National wealth measures the vaule of resources potentially available for future consumption. In practice, national wealth statements should include all non-human assets and claims at market prices . Such estimates may then be used for several purposes. For instance, in this paper new estimates reveal the sources of growth in national wealth, as between accumulation and valuation changes. This provides a new perspective on Australia's saving performance. Annual movements in the value of wealth also more geographically illustrate the cycle of boom and bust in the Australian economy than the conventional flow measure or economic activity over the past decade.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.eap-journal.com/archive/V26_I2_3.pdf
Download Restriction: no

Bibliographic Info

Article provided by Queensland University of Technology (QUT), School of Economics and Finance in its journal Economic Analysis and Policy (EAP).

Volume (Year): 26 (1996)
Issue (Month): 2 (September)
Pages: 145-155

as in new window
Handle: RePEc:eap:articl:v:26:y:1996:i:2:p:145-155

Contact details of provider:
Postal: GPO Box 2434, BRISBANE QLD 4001
Email:
Web page: http://www.journals.elsevier.com/economic-analysis-and-policy/
More information through EDIRC

Related research

Keywords: Consumption; Income; National Wealth; Saving; Wealth;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Makin, Tony, 2002. "Australia's Saving Behaviour: A Macroeconomic Perspective," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 32(1), pages 7-18, March.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eap:articl:v:26:y:1996:i:2:p:145-155. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Manuela Torgler).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.