STOCK FLOW CONSISTENT INCOME FOR INDUSTRIAL AND COMMERCIAL COMPANIES

K. D. Patterson

Review of Income and Wealth, 1990, vol. 36, issue 3, 289-308

Abstract: Although industrial and commercial companies (ICCs) are primarily concerned with the production of goods and services which yield a trading profit there is evidence that they have become increasingly concerned with their portfolios of tangible and financial assets and liabilities. As relative prices, interest rates and exchange rates alter, there are implied changes to the realisable net worth of ICCs. That these changes can be substantial is particularly illustrated by reference to the U.K. experience between 1980 and 1982 and in 1985. However, conventional transactions based income measures are purposely not designed to capture these changes. Measuring income on a stock‐flow consistent basis provides a complementary view of the performance of ICCs which is intended to capture these portfolio effects.

Date: 1990
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/j.1475-4991.1990.tb00306.x

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: https://EconPapers.repec.org/RePEc:bla:revinw:v:36:y:1990:i:3:p:289-308

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0034-6586

Access Statistics for this article

Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill

More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().