Questions tagged [national-accounts]

Covers how National Accounts statistics should be interpreted, as well as information regarding how National Statistical Institutes compile these concepts. May also answer questions raised by the international statistical community on methodological best practice for these statistics.

36 questions
Filter by
Sorted by
Tagged with
32 views

When building a social accounting matrix, do you input domestic intermediate demand or total intermediate demand?

I have been trying to build a social accounting matrix (SAM) after building an input-output table (IOT). In the IOT, I had to distinguish between total intermediate demand (which includes import of ...
56 views

Specific question about some figures in national accounts

I have highlighted four highlighted numbers in the UN System of National Accounts (p. 31, Table 2.13). My question is: What are these numbers? My guesses: 6 = Compensation paid by foreign firms to ...
25 views

Calculating Real Budget Deficit, given Nominal Deficit and Inflation

I am doing this course on Coursera. In the context of explaining what Budget Deficits are, the professor puts up the following formula: Real Deficit = Nominal Deficit - (Inflation*Total Debt) My ...
44 views

Basic question on S=I

Consider the identity: $$Y=C+I+G+X-M$$ where $Y$ is defined either as value-added output, or income, or total expenditure. Now, consider private individuals, who decide to save money, as opposed to ...
19 views

Greece national-accounts : deficit and debt doesn't seem coherent

I wanted to have a look at Greek's data to have an idea of the debt crisis' impact on various indicators. Two of those indicators are national debt levels (in GDP% or in absolute value) and ...
2k views

How is software treated in Gross Domestic Product calculations?

Is there a concise explanation of how software is treated in GDP calculations? It seems a bit complicated. I can only figure out part of the story: For consumer purchases, I think all software ...
47 views

In a social accounting matrix, what does Capital refer to?

In the process of building a social accounting matrix for Panama, I am trying to understand what capital refers to. The Panamanian National Accounts have tables on capital, but they describe gross ...
4k views

What Level of Government Debt to GDP Ratio is Sustainable?

I was reading that Japan has a debt to gdp ratio of 240pc and I cannot understand why this has not left the country "bankrupt"? From looking at this like an ordinary person this level would be ...
19 views

List of countries moved to developed economies in the last 50 years

I read in Bloomberg that five countries moved to advanced economies in the last 50 years from developing economies and one of them was Singapore. Wondering what are the other four countries? The ...
64 views

Current accounts as savings?

The book I'm reading shows that $$S= I +CA$$ where $S$ is savings, $I$ is investment, and $CA$ is the current accounts surplus. The book then states "any domestic savings not absorbed by domestic ...
46 views

What is the economic strategy of the UK?

The UK has run a current account deficit running into billions of GBP per annum since the turn of the century. If we apply the mindset of a household to the economy then clearly this would appear to ...
4 views

How to estimate Enterprise Savings from the National Accounts?

I am looking for a way to estimate private savings/enterprise savings (for non-financial enterprises). I have looked at national accounting data for Panama but I am not sure how to estimate private ...
12 views

Foreign exchange reserves in the government's budget constraint

The following is an excerpt from Montiel's Macroeconomics in Emerging Markets (1st edition): B: Privately owned bonds DC: Government bonds held by the central bank sB*: Bonds held by foreigners, ...
51 views

Intermediate demand vs. Intermediate consumption

I am trying to understand what's the difference between intermediate consumption and intermediate demand. The context is the European System of Accounts, which says that intermediate demand is the ...
52 views

here are 3 papers that discuss it. it seems to me that the paradox is that, supposing a closed economy has money M raised through bank loans, then, while that economy can create goods and services and ...
11 views

Nominal GDP to Current purchasing power parity

Hi I would like to convert nominal GDP in current US dollars to current purchasing power parity in 2011 US dollars. Is this nominal GDP already converted? if GDP were in LCU I would convert it to ...
34 views

Where's a good place to find Information on Non-OCED countries?

I'm looking for Private Savings (Sp), Investment (I), Taxes (T), Government Spending (G) for India.
62 views

Is it possible for Gross value added be negative on a company level?

In National Accounts production approach, can there situations whereby the Output of a company is far lower than the Intermediate consumption therefore the Value added is negative?
18 views

How is labor demand measured?

For instance, in the introduction of this paper (first paragraph), talking about Figure 1, they say that labor demand is measured as the real wage bill normalized by population. Is it common to ...
1k views

Why do we consider purchase of house by households as investment?

According to what I have read, investment is the expenditure on creation of capital goods, which means that it is done by producers. Then why do we treat buying of house by households as investment ...
12 views

What is the Canonical Metric for Investment? (U.S.)

I'm currently taking a run-of-the-mill Intermediate Macro class and have coursework which asks to produce a vis that tracks U.S. Investment from 1970-2014. What is the salient/canonical National ...