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

James Sefton, Martin Weale

Cambridge University Press, Oct 22, 2009 - Business & Economics - 344 pages

The problem of disparities among 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 book includes a full set of estimates for the UK national accounts for the period 1920-1990, including runs of industrial data for the period 1948-1990. The statistical technique allows estimates of standard errors of the data to be calculated and verified.

Bibliographic information

• Title: Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990; Volume 7 of Studies in the National Income and Expenditure of the UK
• Authors: James Sefton, Martin Weale
• Edition: illustrated, reprint
• Publisher: Cambridge University Press, 2009
• ISBN: 0521120071, 9780521120074
• Length: 344 pages
• Subjects: Business & Economics / Econometrics