IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/5950.html
   My bibliography  Save this paper

Net versus gross national income and product

Author

Listed:
  • Bos, Frits

Abstract

From a conceptual point of view, for most purposes net figures of Domestic Product and National Income are to be preferred to gross figures. Nevertheless, in practice gross figures are most often used on the ground of various arguments. In this paper, these arguments are challenged. To this end, attention is paid to the reliability of capital consumption estimates and the quantitative importance of employing net instead of gross figures. A sensitivity analysis is conducted for six OECD-countries (Netherlands, Germany, USA, Japan, UK and Sweden).

Suggested Citation

  • Bos, Frits, 1990. "Net versus gross national income and product," MPRA Paper 5950, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:5950
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/5950/1/MPRA_paper_5950.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Scott, Maurice, 1984. "Maintaining Capital Intact," Oxford Economic Papers, Oxford University Press, vol. 36(0), pages 59-73, Supplemen.
    2. Eisner, Robert, 1988. "Extended Accounts for National Income and Product," Journal of Economic Literature, American Economic Association, vol. 26(4), pages 1611-1684, December.
    3. Maddison, Angus, 1987. "Growth and Slowdown in Advanced Capitalist Economies: Techniques of Quantitative Assessment," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 649-698, June.
    4. R. E. Moody, 1941. "A Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 23(3), pages 651-653.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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.

    More about this item

    Keywords

    measurement in economics; measurement bias; productivity; use of national accounts statistics; concepts of income;

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:5950. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.