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National Income Accounts: Measurement, Practice, and Welfare Implications of the Initial Estimates of Kosovo's GDP

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  • Mack Ott

Abstract

This article reports estimates of Kosovo's GDP for 2000 based on a survey of household expenditures, the UN's government budget, customs data, and projections of international donor organizations' assistance and investment. Estimated per capita GDP was in the range of $1135–$1185, nearly three times the $400 World Bank estimate that had been conventionally used to guide policy and technical assistance designs. The article discusses the sources of the data, provides checks from macroeconomic theory on their credibility, and prescribes statistical resources and policies to ensure a more systematic and conventional tracking of Kosovo's future aggregate economic activity.

Suggested Citation

  • Mack Ott, 2003. "National Income Accounts: Measurement, Practice, and Welfare Implications of the Initial Estimates of Kosovo's GDP," Contemporary Economic Policy, Western Economic Association International, vol. 21(2), pages 186-199, April.
    • Handle: RePEc:bla:coecpo:v:21:y:2003:i:2:p:186-199
    DOI: 10.1093/cep/byg004
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    References listed on IDEAS

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    1. World Bank, 2001. "Kosovo : Economic and Social Reforms for Peace and Reconciliation," World Bank Publications - Books, The World Bank Group, number 13991, December.
    2. World Bank, 2001. "Kosovo, Federal Republic of Yugoslavia : Economic and Social Reforms for Peace and Reconciliation," World Bank Publications - Reports 15708, The World Bank Group.
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