IDEAS home Printed from https://ideas.repec.org/p/cop/wpaper/g-124.html
   My bibliography  Save this paper

Re-Estimating Real Output for Service Industries in Australia

Author

Listed:
  • George Verikios

Abstract

This paper examines the current national accounts measure of real output for five major service industries in Australia. It finds that real output measures for insurance services; banking services; non-bank financial services; and education services are unsatisfactory. Alternative estimates based on acceptable output proxies are presented for these industries for the period 1986/87-1993/94. The estimates indicate that insurance, banking and non-bank financial services have grown more quickly than previously thought, while education services have grown less quickly than earlier estimates suggested. The effect on GDP of these estimates is also presented.

Suggested Citation

  • George Verikios, 1997. "Re-Estimating Real Output for Service Industries in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-124, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:g-124
    as

    Download full text from publisher

    File URL: https://www.copsmodels.com/ftp/workpapr/g-124.pdf
    File Function: Initial version, 1997-12
    Download Restriction: no
    File URL: https://www.copsmodels.com/elecpapr/g-124.htm
    File Function: Local abstract: may link to additional material.
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. George Verikios, 1997. "Productivity in Australian Education between 1986/87 and 1993/94," Centre of Policy Studies/IMPACT Centre Working Papers g-123, Victoria University, Centre of Policy Studies/IMPACT Centre.
    2. George Verikios, 1998. "Estimating the behaviour of Productivity in Government Administration Services in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-126, Victoria University, Centre of Policy Studies/IMPACT Centre.
    3. George Verikios, 1997. "Measuring Output of Government Administration, Defence and Property and Business Services: Some Estimates for Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-127, Victoria University, Centre of Policy Studies/IMPACT Centre.

    More about this item

    Keywords

    insurance services; financial services; education services; communication services; service industries; real output measures; input- output industries;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cop:wpaper:g-124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mark Horridge (email available below). General contact details of provider: https://edirc.repec.org/data/cpmonau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.