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This paper empirically measures and compares the levels and progress of formal and material harmonization in Indonesia. It reveals the extent of harmonization Indonesian Accounting Standards (PSAK) with International Financial Reporting Standards (IFRS) and the improvement of that extent (de...
Persistent link: https://www.econbiz.de/10013122177
Standard ways of measuring real income are known to be inconsistent with consumer preferences. We provide preference-consistent estimates of real income, based on the income-specific price indices that are consistent with nonhomothetic preferences. We find that existing measures, such as Geary,...
Persistent link: https://www.econbiz.de/10013098544
Brent Moulton and Nicole Mayerhauser (2015) point out that, for more than 50 years, economists have featured the concept of human capital in their models of labor, growth, productivity, and distribution of income. The authors recommend the addition to the System of National Accounts (SNA) of...
Persistent link: https://www.econbiz.de/10013015122
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The treatment of license payments in the national accounts has become increasingly important in recent years; with mobile phone licenses being auctioned for substantial values in several countries. Because the text of the System of National Accounts 1993 does not provide specific guidance on...
Persistent link: https://www.econbiz.de/10012778594
Comprehensive coverage of national accounts estimates is important; however, it is often thwarted by gaps in the recording of economic activity - the so-called unrecorded economy. This paper sets out pragmatic statistical approaches for incorporating the unrecorded economy in the national...
Persistent link: https://www.econbiz.de/10012782513
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, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank's World … Development Indicators; a substantial fraction of the world is also covered in the PPP accounts produced by the OECD and the …; version 7.0 of the Penn World Table will soon incorporate these results. The 2005 ICP, like earlier rounds, involved …
Persistent link: https://www.econbiz.de/10012758136
The Social Accounting Matrix (SAM) can be considered a tool to be used for measuring a society's activity. It provides a description of that activity, which can be either empirical or theoretical, depending on whether it is presented in a numerical or an algebraic version, respectively. Special...
Persistent link: https://www.econbiz.de/10013026362