Net versus gross national income and product

Frits Bos ()

MPRA Paper from University Library of Munich, Germany

Abstract: From a conceptual point of view, for most purposes net figures of Domestic Product and National Income are to be preferred to gross figures. Nevertheless, in practice gross figures are most often used on the ground of various arguments. In this paper, these arguments are challenged. To this end, attention is paid to the reliability of capital consumption estimates and the quantitative importance of employing net instead of gross figures. A sensitivity analysis is conducted for six OECD-countries (Netherlands, Germany, USA, Japan, UK and Sweden).

Keywords: measurement in economics; measurement bias; productivity; use of national accounts statistics; concepts of income (search for similar items in EconPapers)
JEL-codes: E6 C8 (search for similar items in EconPapers)
Date: 1990
View list of references

Downloads: (external link)
http://mpra.ub.uni-muenchen.de/5950/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:5950

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany
Address: Schackstr. 4, D-80539 Munich, Germany
Contact information at EDIRC.
Series data maintained by Ekkehart Schlicht ().