Purpose and Measurement of National Income and Product

Glen Atkinson

Journal of Economic Issues, 2008, vol. 42, issue 2, 303-316

Abstract: Institutional economists were leaders in the development of national income and product accounts. The accounts were created to assist in understanding such issues as the effects of the rise of corporate ownership on the distribution of income, the causes of modern business cycles and war finance on the performance of the economy. This article reviews the assumptions to develop these accounts and how they shaped our understanding of the economy. Readers are encouraged to review these assumptions and consider ways that we might improve our measurements to deal more effectively with current problems.

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00213624.2008.11507140 (text/html)
Access to full text is restricted to subscribers.

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:mes:jeciss:v:42:y:2008:i:2:p:303-316

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20

DOI: 10.1080/00213624.2008.11507140

Access Statistics for this article

More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().