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Uses of National Accounts; History, International Standardization and Applications in the Netherlands

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  • Bos, Frits

Abstract

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 since the seventeenth century. Three periods are distinguished: the early estimates (1660-1930), revolutionary decades (1930-1950) and the era of the international guidelines (1950-present). The paper discusses these roles and uses also much more in detail for one country: the Netherlands, a country which played an important role in modern national accounting and where expert data users, like the CPB, SCP and the Dutch central bank, have developed several interesting applications of the national accounts.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9387.

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Date of creation: 2008
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Handle: RePEc:pra:mprapa:9387

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Keywords: Uses of the national accounts; history of national accounting; history of taxation; economic growth; Dutch national accounts; relevance and reliability of the national accounts; Petty; King; Vauban; Quesnay; Keynes; Clark; Kuznets; Leontief; Tinbergen; Hicks; van Cleeff; Stone; Meade; guidelines on national accounting; European unification; macro-economic modeling and forecasting; CPB; SCP; Dutch central bank; fiscal policy; productivity analysis; performance management; national accounts and welfare; measurement in economics;

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  1. Patinkin, Don, 1976. "Keynes and Econometrics: On the Interaction between the Macroeconomic Revolutions of the Interwar Period," Econometrica, Econometric Society, Econometric Society, vol. 44(6), pages 1091-1123, November.
  2. Frits Bos, 2006. "The development of the Dutch national accounts as a tool for analysis and policy," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, Netherlands Society for Statistics and Operations Research, vol. 60(2), pages 225-258.
  3. Bos, Frits, 1993. "Standard national accounting concepts, economic theory and data compilation issues; on constancy and change in the UN-Manuals on national accounting (1947, 1953, 1968, 1993)," MPRA Paper 2656, University Library of Munich, Germany.
  4. Carson, Carol S, 1975. "The History of the United States National Income and Product Accounts: The Development of an Analytical Tool," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 21(2), pages 153-81, June.
  5. Ruggles, Richard, 1990. "A Note on the Revision of the United Nations System of National Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(4), pages 413-19, December.
  6. Henk Kranendonk & Johan Verbruggen, 2008. "Decomposition of GDP growth in European countries; different methods tell different stories," CPB Document, CPB Netherlands Bureau for Economic Policy Analysis 158, CPB Netherlands Bureau for Economic Policy Analysis.
  7. Henk Don & Johan Verbruggen, 2006. "Models and methods for economic policy; 60 years of evolution at CPB," CPB Discussion Paper 55, CPB Netherlands Bureau for Economic Policy Analysis.
  8. de Haan, Mark & Keuning, Steven J, 1996. "Taking the Environment into Account: The NAMEA Approach," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 42(2), pages 131-48, June.
  9. Eisner, Robert, 1988. "Extended Accounts for National Income and Product," Journal of Economic Literature, American Economic Association, vol. 26(4), pages 1611-84, December.
  10. Aukrust, Odd, 1986. "On the Occasion of a Nobel Prize," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 32(1), pages 109-12, March.
  11. Bos, Frits, 2007. "Use, misuse and proper use of national accounts statistics," MPRA Paper 2576, University Library of Munich, Germany.
  12. Pyatt, Graham & Round, Jeffrey I, 1977. "Social Accounting Matrices for Development Planning," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 23(4), pages 339-64, December.
  13. Jaszi, George, 1986. "An Economic Accountant's Audit," American Economic Review, American Economic Association, American Economic Association, vol. 76(2), pages 411-17, May.
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Cited by:
  1. Bos, Frits, 2011. "A national accounts satellite for human capital and education," MPRA Paper 33791, University Library of Munich, Germany.
  2. Maria Antónia Jesus & Susana Jorge, 2010. "From Governmental Accounting to National Accounting: Implications on the Portuguese Central Government Deficit," Notas Económicas, Faculdade de Economia, Universidade de Coimbra, Faculdade de Economia, Universidade de Coimbra, issue 31, pages 24-46, June.
  3. Bos, Frits, 2009. "The National Accounts as a Tool for Analysis and Policy; History, Economic Theory and Data Compilation Issues," MPRA Paper 23582, University Library of Munich, Germany.

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