Business & Economics Books:

Studies in the National Income and Expenditure of the UK: Series Number 7

Format

Hardback

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Studies in the National Income and Expenditure of the UK: Series Number 7 by James Sefton
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Description

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. A disk with the dataset in machine readable form is available separately.
Release date Australia
January 18th, 1996
Country of Publication
United Kingdom
Imprint
Cambridge University Press
Pages
344
Dimensions
152x229x24
ISBN-13
9780521496353
Product ID
2160091

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