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National Accounts In Transition Countries: Balancing The Biases?

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  • Adriaan M. Bloem
  • Paul Cotterell
  • Terry Gigantes

Abstract

In the past several years, efforts have been made to introduce the 1993 System of National Accounts (1993) SNA) in most of the formerly centrally planned economies. In doing so, a number of problems have emerged, some of which are particular to the situation of these countries. Some of these problems will probably cause overestimates of national accounts variables, others will cause underestimates, and it would be purely coincidental if these effects cancel out. This paper discusses the most disconcerting issues in this situation, and possible solutions.

Suggested Citation

  • Adriaan M. Bloem & Paul Cotterell & Terry Gigantes, 1998. "National Accounts In Transition Countries: Balancing The Biases?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 44(1), pages 1-24, March.
    • Handle: RePEc:bla:revinw:v:44:y:1998:i:1:p:1-24
    DOI: 10.1111/j.1475-4991.1998.tb00249.x
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    Cited by:

    1. Martin Ravallion, 2003. "Measuring Aggregate Welfare in Developing Countries: How Well Do National Accounts and Surveys Agree?," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 645-652, August.
    2. Van Ha Le & Jakob De Haan & Erik Dietzenbacher, 2018. "Industry Wages Across Countries and Over Time: A New Database of Micro Survey Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(1), pages 1-25, March.

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