NATIONAL ACCOUNTING AND INCOME DISTRIBUTION

Anne Harrison

Review of Income and Wealth, 1991, vol. 37, issue 2, 223-234

Abstract: Conventional national accounts are often seen as concentrating on the production process, on how goods and services are produced, rather than on consumption, or who the products serve. Production finances consumption via income generation, distribution and re‐distribution. This paper demonstrates this inter‐action by elaborating a full economic accounting matrix, and takes both theoretical and practical considerations into account. The aim is to explore how far the revised SNA can and should give emphasis to issues of income distribution and consumption.

Date: 1991
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