Reconciliation of National Income and Expenditure - Balanced Estimates of National Income for the United Kingdom, 1920-1990 (Hardcover, New)

The problem of disparities between different estimates of GDP is, according to this text, 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 one-, two- and five-year periods. A disk with the dataset in machine readable form is available separately.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Series:	Studies in the National Income and Expenditure of the UK
Release date:	1996
First published:	1995
Authors:	James Sefton • Martin Weale
Dimensions:	229 x 152 x 24mm (L x W x T)
Format:	Hardcover
Pages:	344
Edition:	New
ISBN-13:	978-0-521-49635-3
Categories:	Books > Business & Economics > Economics > Econometrics > General
LSN:	0-521-49635-7
Barcode:	9780521496353

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