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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...
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As the COVID-19 pandemic hit EU countries, the economic impact rapidly became a second area of concern both for politicians and for citizens. The release of quarterly national accounts aggregates, which give an integrated picture of the economic situation, was eagerly anticipated by users of...
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When considering issues of measuring welfare beyond gross domestic product (GDP), a key ongoing, but unfinished, agenda concerns how to measure the outputs of goods and services which are "free at the point of delivery". Public services such as schools and health services are major examples of...
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Choice experiments show that individuals attribute significant value to digitally-enabled services such as social media. We integrate this consumer value into an accounting framework by treating it as the value of own-account production by households of a particular type of leisure services....
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