Measuring Output of Government Administration, Defence and Property and Business Services: Some Estimates for Australia

George Verikios

Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre

Abstract: This paper examines the current national accounts measure of real output for three major service industries in Australia. It finds that real output measures for government administration services; defence services; and property and business services are unsatisfactory. Alternative estimates are presented for government administration services and defence services for the period 1986/87-1993/94. The estimates for government administration services compare well with the current national accounts measure, whereas for defence services they indicate that real output has grown less quickly than previously thought. No estimates for property and business services are presented due to lack of data.

Keywords: government administration services; defence services; property and business services; service industries; real output measures for service industries; input-output industries (search for similar items in EconPapers)
JEL-codes: H50 H56 L80 L84 (search for similar items in EconPapers)
Date: 1997-12
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Persistent link: https://EconPapers.repec.org/RePEc:cop:wpaper:g-127

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