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Quantification and Reflection of Economic Operations with Goods and Services in National Accounts

Author

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  • Costuleanu Carmen Luiza

    () („Petre Andrei” University of Iasi, Faculty of Economics)

Abstract

The economic operations quantified and reflected in national accounting, consisting in income and expenditure flows, are classified in operation accounts, according to their intrinsic nature. These are display accounts that allow a decomposition of the relationship existing between two institutional sectors more detailed than that offered by sector accounts. Although a nation’s economy includes an impressive number of economic operations, they can be regrouped into three main categories that are: operations with goods and services, distribution operations and financial operations. Operations with goods and services represent mainly one of the three categories of economic operations.

Suggested Citation

  • Costuleanu Carmen Luiza, 2011. "Quantification and Reflection of Economic Operations with Goods and Services in National Accounts," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 447-450, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:447-450
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    More about this item

    Keywords

    national accounting; income flows; expenditure flows; goods and services; macroeconomics.;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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