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Measuring Output of Government Administration, Defence and Property and Business Services: Some Estimates for Australia

  • George Verikios

This paper examines the current national accounts measure of real output for three major service industries in Australia. It finds that real output measures for government administration services; defence services; and property and business services are unsatisfactory. Alternative estimates are presented for government administration services and defence services for the period 1986/87-1993/94. The estimates for government administration services compare well with the current national accounts measure, whereas for defence services they indicate that real output has grown less quickly than previously thought. No estimates for property and business services are presented due to lack of data.

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File URL: http://www.copsmodels.com/ftp/workpapr/g-127.pdf
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Paper provided by Victoria University, Centre of Policy Studies/IMPACT Centre in its series Centre of Policy Studies/IMPACT Centre Working Papers with number g-127.

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Date of creation: Dec 1997
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Handle: RePEc:cop:wpaper:g-127
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  1. George Verikios, 1997. "Re-Estimating Real Output for Service Industries in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-124, Victoria University, Centre of Policy Studies/IMPACT Centre.
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