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Latin America; Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA)

Author

Listed:
  • Roberto Luis Olinto Ramos
  • Lisbeth Rivas
  • Gonzalo C Pastor Campos

Abstract

This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base years, downwards biases with household final consumption estimates, and an overestimation of gross fixed capital formation in construction activities.

Suggested Citation

  • Roberto Luis Olinto Ramos & Lisbeth Rivas & Gonzalo C Pastor Campos, 2008. "Latin America; Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA)," IMF Working Papers 08/239, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:08/239
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    References listed on IDEAS

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    1. Angus Deaton, 2005. "Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," The Review of Economics and Statistics, MIT Press, vol. 87(1), pages 1-19, February.
    2. Author-Name: Alan S. Blinder & Alan B. Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(1), pages 327-397.
    3. Angus Deaton, 2005. "ERRATUM: Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 395-395, May.
    4. repec:pri:cepsud:99blinderkrueger is not listed on IDEAS
    5. Fran├žois Bourguignon, 2005. "Comment on "Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)" by Angus Deaton," The Review of Economics and Statistics, MIT Press, vol. 87(1), pages 20-22, February.
    6. Irineu E de Carvalho Filho & Marcos Chamon, 2006. "The Myth of Post-Reform Income Stagnation in Brazil," IMF Working Papers 06/275, International Monetary Fund.
    7. David E. Lebow & Jeremy B. Rudd, 2003. "Measurement Error in the Consumer Price Index: Where Do We Stand?," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 159-201, March.
    8. Harrison, Anne, 1990. "Major Changes Proposed for the Next SNA: An Overview," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(4), pages 335-352, December.
    9. Alan Blinder & Alan Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Working Papers 875, Princeton University, Department of Economics, Industrial Relations Section..
    10. Darby, Michael R., 1992. "Causes of declining growth," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 5-13.
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    Cited by:

    1. Filho, Irineu de Carvalho & Chamon, Marcos, 2012. "The myth of post-reform income stagnation: Evidence from Brazil and Mexico," Journal of Development Economics, Elsevier, vol. 97(2), pages 368-386.

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