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Item Details
| Title:
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RECONCILIATION OF NATIONAL INCOME AND EXPENDITURE
BALANCED ESTIMATES OF NATIONAL INCOME FOR THE UNITED KINGDOM, 1920-1990 |
| By: |
James Sefton, Martin Weale |
| Format: |
Hardback |
| List price:
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£120.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0521496357 |
| ISBN 13: |
9780521496353 |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
18 January, 1996 |
| Series: |
Studies in the National Income and Expenditure of the UK No. 7 |
| Pages: |
344 |
| Description: |
Describes method of testing economic data reliability using long run UK statistics. |
| Synopsis: |
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. |
| Illustrations: |
102 tables 17 graphs |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Returnable |
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