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Quantification and Reflection of Economic Operations with Goods and Services in National Accounts

Costuleanu Carmen Luiza ()
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Costuleanu Carmen Luiza: „Petre Andrei” University of Iasi, Faculty of Economics

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 447-450

Abstract: The economic operations quantified and reflected in national accounting, consisting in income and expenditure flows, are classified in operation accounts, according to their intrinsic nature. These are display accounts that allow a decomposition of the relationship existing between two institutional sectors more detailed than that offered by sector accounts. Although a nation’s economy includes an impressive number of economic operations, they can be regrouped into three main categories that are: operations with goods and services, distribution operations and financial operations. Operations with goods and services represent mainly one of the three categories of economic operations.

Keywords: national accounting; income flows; expenditure flows; goods and services; macroeconomics. (search for similar items in EconPapers)
JEL-codes: A10 E01 E21 E23 M41 (search for similar items in EconPapers)
Date: 2011
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