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Ökonomische Auswirkungen von VGR-Revisionen

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  • Dieter Brümmerhoff
  • Michael Grömling

Abstract

Revisions of national accounts affect economic analysis, calling into question theoretical findings based on earlier data. Revisions to German national accounts have resulted in a markedly higher GDP in absolute terms and a lower volatility in macroeconomic production. According to the revised data, recessions have been less pronounced. Moreover, less volatility in production has changed income accounts and above all reduced the fluctuations in property and entrepreneurial income. The stylized fact of declining property and entrepreneurial incomes during recessions in West Germany from 1970 to 1991 has vanished into thin air as a result of the revisions of 1998 and 2006. Copyright Springer-Verlag Berlin Heidelberg 2013

Suggested Citation

  • Dieter Brümmerhoff & Michael Grömling, 2013. "Ökonomische Auswirkungen von VGR-Revisionen," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 6(3), pages 133-148, March.
    • Handle: RePEc:spr:astaws:v:6:y:2013:i:3:p:133-148
    DOI: 10.1007/s11943-012-0121-y
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    References listed on IDEAS

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    More about this item

    Keywords

    Volkswirtschaftliche Gesamtrechnungen; Konjunkturzyklus; Einkommensverteilung; E01; E25; E32; National accounting; Income distribution; Business cycles;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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