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Reasons for Preferring Net to Gross Figures of Income and Product (and Vice Versa)

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  • Bos, Frits

Abstract

For the first time, a systematic discussion is presented of the choice between gross and net national accounting figures of value added, product, and income for alternative purposes. Some traditional arguments for preferring gross to net figures are challenged and several historical reasons are given for the present popularity of gross figures. The quantitative importance of the issue ("what does it matter in practice?") is also assessed. Copyright 1992 by The International Association for Research in Income and Wealth.

Suggested Citation

  • Bos, Frits, 1992. "Reasons for Preferring Net to Gross Figures of Income and Product (and Vice Versa)," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 38(3), pages 267-279, September.
  • Handle: RePEc:bla:revinw:v:38:y:1992:i:3:p:267-79
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    Cited by:

    1. Frits Bos, 2009. "The Art And Craft Of Compiling National Accounts Statistics And Their Implications For Reliability," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 55(4), pages 930-958, December.
    2. Bos, Frits, 2011. "Three centuries of macro-economic statistics," MPRA Paper 35391, University Library of Munich, Germany.
    3. Bos, Frits, 2007. "Compiling the national accounts demystified," MPRA Paper 3736, University Library of Munich, Germany.
    4. Bos, Frits, 2007. "Use, misuse and proper use of national accounts statistics," MPRA Paper 2576, University Library of Munich, Germany.
    5. 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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