Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990 - Studies in the National Income and Expenditure of the UK (Paperback)
  • Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990 - Studies in the National Income and Expenditure of the UK (Paperback)
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Reconciliation of National Income and Expenditure: Balanced Estimates of National Income for the United Kingdom, 1920-1990 - Studies in the National Income and Expenditure of the UK (Paperback)

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Paperback 344 Pages / Published: 22/10/2009
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This book was first published in 1995. The problem of disparities between 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 method enhances the reliability of the underlying data and leads to maximum-likelihood estimates. It is illustrated by application to the UK national accounts for the period 1920-1990. The book includes a full set of estimates for this period, including runs of industrial data for the period 1948-1990, which are longer than those available from any other source. The statistical technique allows estimates of standard errors of the data to be calculated and verified; these are presented both for data in levels and for changes in variables over 1-, 2- and 5-year periods.

Publisher: Cambridge University Press
ISBN: 9780521120074
Number of pages: 344
Weight: 510 g
Dimensions: 229 x 152 x 20 mm

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