PROBLEMS OF INTERNATIONAL COMPARISONS OF NATIONAL ACCOUNTING AGGREGATES BETWEEN COUNTRIES WITH DIFFERENT ECONOMIC SYSTEMS

M. A. Jansen

Review of Income and Wealth, 1973, vol. 19, issue 1, 69-77

Abstract: This paper discusses a number of problems arising in comparisons of levels of national accounting aggregates between countries with different economic systems, notably between countries with market economies and countries with centrally planned economies. It considers problems arising from differences in the national accounting concepts used and problems arising from institutional differences, both of which are viewed as relating to the concepts on which the comparison should be based and the adjustment of national data to these concepts. The final section considers index number problems.

Date: 1973
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