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The UN System of National Accounts (SNA) calculates standard national income (NI) under the condition that owned capital is maintained. Roefie Hueting defined in 1969 environmental functions (state, stock) as the possible uses by humans of the environment. Their actual use (flow) nowadays are...
Persistent link: https://www.econbiz.de/10012866756
Based on the country's National Accounts, an aggregate Social Accounting Matrix (SAM) will be constructed for the Portuguese economy. The full consonance between the two will be demonstrated by identifying both the items and balances of the various internal accounts of the System of National...
Persistent link: https://www.econbiz.de/10012709707
Accounting conventions usually leave some room for judgment, which governments may be tempted to take advantage of, especially when fiscal rules bite or threaten to do so. The European experience over the past decade -- documented here in great detail -- illustrates that fiscal gimmicks come in...
Persistent link: https://www.econbiz.de/10012444012
Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often interpreted as an indicator for (economic) well-being, it first and foremost monitors economic activity, and falls short of reflecting broader measures which try to capture...
Persistent link: https://www.econbiz.de/10012133155
In looking for empirical evidence about the activity of countries, a proposal is made for studying (measuring and modelling) the activity of countries through the use of Social Accounting Matrices (SAMs) and Socio-Demographic Matrices (SDMs). SAMs and SDMs are presented as tools that have...
Persistent link: https://www.econbiz.de/10014137187
In looking for empirical evidence about the activity of countries, a proposal is made for studying (measuring and modelling) the activity of countries through the use of Social Accounting Matrices (SAMs) and Socio-Demographic Matrices (SDMs). SAMs and SDMs are presented as tools that have...
Persistent link: https://www.econbiz.de/10014137191
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