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Antoine-Laurent de Lavoisier - A Precursor of National Accounting

Author

Listed:
  • Neculai TABARA

    (Alexandru Ioan Cuza University, Iasi, Romania)

  • Andreea VASILIU

    (Alexandru Ioan Cuza University, Iasi, Romania)

Abstract

National economy is a broad field of research and efforts to develop a national accounting have intensified. In the context of development of economic relations, national accounting is a necessity. Building a system of information on gross domestic product, size of national wealth, financial relations and cash flows determine studies on the economic forecast, the distribution and accumulation of national wealth. Efforts in this direction have been numerous and have their roots in the work of Antoine Laurent Lavoisier . Known as the father of modern chemistry, Lavoisier was he who first promulgated the concepts and specific national accounting methods. He was a precursor of modern economic thought.

Suggested Citation

  • Neculai TABARA & Andreea VASILIU, 2011. "Antoine-Laurent de Lavoisier - A Precursor of National Accounting," EuroEconomica, Danubius University of Galati, issue 5(30), pages 87-92, December.
    • Handle: RePEc:dug:journl:y:2011:i:5:p:87-92
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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1145/960
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