Ökonomische Auswirkungen von VGR-Revisionen
Dieter Brümmerhoff () and
Michael Grömling ()
AStA Wirtschafts- und Sozialstatistisches Archiv, 2013, vol. 6, issue 3, 133-148
Abstract:
Revisions of national accounts affect economic analysis, calling into question theoretical findings based on earlier data. Revisions to German national accounts have resulted in a markedly higher GDP in absolute terms and a lower volatility in macroeconomic production. According to the revised data, recessions have been less pronounced. Moreover, less volatility in production has changed income accounts and above all reduced the fluctuations in property and entrepreneurial income. The stylized fact of declining property and entrepreneurial incomes during recessions in West Germany from 1970 to 1991 has vanished into thin air as a result of the revisions of 1998 and 2006. Copyright Springer-Verlag Berlin Heidelberg 2013
Keywords: Volkswirtschaftliche Gesamtrechnungen; Konjunkturzyklus; Einkommensverteilung; E01; E25; E32; National accounting; Income distribution; Business cycles (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:astaws:v:6:y:2013:i:3:p:133-148
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DOI: 10.1007/s11943-012-0121-y
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