The role of households in the non market production and the importance of the household production has come topical in the last few years as a result of studies on the measurement of economic well-being of society. Non-market household production covers the goods and services household members...

Many national accounts of economic output and prosperity, such as gross domestic product (GDP) or net domestic product (NDP), offer an incomplete picture by ignoring, for example, the value of leisure, home production, and the value of health. Discussed shortcomings have focused on how...

Chile’s Casen household survey (Encuesta de Caracterización Socioeconómica Nacional) is the basic instrument for measuring the sources and levels of income and living conditions in the country. The survey, carried out every two or three years, provides the income and employment data used in...

This paper investigates recent advances in our understanding of the global distribution of income, and produces the first estimates of global inequality that take into account data on the incomes of the top one percent within countries.  We discuss conceptual and methodological issues -...

Vertical integration of production processes at international level and the resulting fragmentation of the value chains increasingly question the relevance of traditional trade indicators. Intermediate productions are increasingly offshored within these global value chains, giving place to what...

The paper is aimed to deliver an abstract view on the concept of model, generally, as well as on the economic model concept. In this end, the authors identify the minimal list of sufficiency predicates that qualify an intellectual artefact as a model of the reality (bot objective and...

The purpose of the research project was to identify the methodological bases for the aggregate description of the Romanian national economy, both logically and in terms of the sources of empirical data for modelling. The specific objectives of the project were: a) description of the economic...

A SAM (Social Accounting Matrix) can be an important tool for measuring a society’s activity, underlying which there are systems that can be worked upon in different ways. This tool will be presented as an alternative support for those who intervene in the policymaking process, which can be...

The release of ESA 1995 GDP data for Malta has ushered in great changes in the way in which the Maltese economy can be analysed. Indicators computed from the new national accounts reveal that the Maltese economy has achieved a relatively high degree of convergence with the European average,...

The paper focuses on the analysis of the particular sectors of non-financial corporations based on mainly yearly national accounts. We explain some of the aggregates of the national accounts but the focus of the paper is placed on the application of standard tools of financial analysis on the...