Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920 1990 (Studies in the National Income an) - Hardcover

Reconciliation of National Income and Expenditure : Balanced Estimates of National Income for the United Kingdom, 1920 1990

Buch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book was first published in 1995. The problem of disparities between different estimates of GDP is well known and widely discussed. Here, the authors describe a method for examining the discrepancies using a technique allocating them with reference to data reliability. The method enhances the reliability of the underlying data and leads to maximum-likelihood estimates. It is illustrated by application to the UK national accounts for the period 1920-1990. The book includes a full set of estimates for this period, including runs of industrial data for the period 1948-1990, which are longer than those available from any other source. The statistical technique allows estimates of standard errors of the data to be calculated and verified; these are presented both for data in levels and for changes in variables over 1-, 2- and 5-year periods. Artikel-Nr. 9780521496353

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