# 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.

35 questions
Filter by
Sorted by
Tagged with
5k 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 ...
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 ...
4k 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 ...
84 views

### Have the Greek bailouts been included in state budgets Eurozone members?

A lot of people (mainly journalists and politicians) say that Eurozone taxpayers pay for the Greek bailouts. On the other hand, a lot of economists say that those money have not been added in the ...
80 views

### why has the GDP per capita of Ireland grown of almost 30% between 2014 and 2015?

I came across these graphs today : https://data.oecd.org/gdp/gross-domestic-product-gdp.htm https://data.oecd.org/lprdty/gdp-per-hour-worked.htm In both, something doesn't make sense for me: the ...
1k views

### Why is GDP equal to the sum of revenues?

National Income can be expressed in two ways : In can be derived from the GDP, as, roughly, a sum of "money spent" : GDP is equal to C + G + I + NX, where C, G, I and NX are houshold consumption, ...
5k views

### Calculate GDP by three different methods

I have the following question to answer in my macroeconomics textbook. Steel producer makes steel worth 4000 out of which 0.25 is sold to machines producer and 0.75 of steel is being sold to the car ...
130 views

102 views

### Difference between capital and current account

Why is an increase in foreign assets in a country different from us just selling foreigners our goods? As in why is one (inc. in assets) in capital account and the other (exports) in current account?
25 views

### What's the difference (if any) between “fixed assets” and “fixed capital” in the UN SNA?

From my reading of the UN System of National Accounts (2008 update), "fixed assets" and "fixed capital" seem to be completely synonymous. Yet strangely there seem to be these two different terms. So ...
62 views

### International shipping services count as exports?

A Greek ship owner transports mouse traps from Albania to Japan, making every year ten million Euro in revenue and one million Euro in profits. The total value of the mouse traps he transports every ...
65 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 ...
83 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 ...
65 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 ...
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.
253 views

### Domestic Demand, Private Consumption, Public Consumption, Gross Fixed Investment Relationship

I'm reading the IMF's January 2016 Report on Sweden's Economic Indicators, and the top section has the following: Domestic Demand (2012) Percent Change: -0.6 Indented below are: Private Consumption ...
29 views

### How can I use national accounts to estimate individual carbon footprints?

Itās easy to compute per capita greenhouse gas emissions for a country. Iād like to determine the proportion of this that is under the control of individual consumers, in the sense that they can ...
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, ...
20 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 ...
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 ...
92 views

### Is the BEA double counting benefits in Personal Income?

The BEA (US Bureau of Economic Analysis) that produces the GDP and GDI also prepares a summary of Personal Income for the nation. In that it includes employer contributions for both private pensions ...
82 views

### Balance of payments abbreviations

I am trying to decipher certain abbreviations related to balance of payments. They are strange, and i have to admit i have no idea what did they mean furthermore i was not able to find anything ...
62 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 ...
137 views

### Who gathers the production/use data that makes up GDP? And how?

I know that GDP can be calculated from the national accounts using data which says how much of each industry's output was bought by each other industry. But how is this kind of supply/use data ...
50 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 ...
164 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?
284 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 ...
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 ...
22 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 ...
76 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 ...
51 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 ...