[OPE-L] Definition of economic assets in UNSNA: a discussion paper

From: Jurriaan Bendien (adsl675281@TISCALI.NL)
Date: Mon Oct 15 2007 - 15:40:42 EDT

Thought I would post this reference: http://unstats.un.org/UNSD/nationalaccount/AEG/papers/m4EconAssets.pdf

As I describe in a wiki article http://en.wikipedia.org/wiki/United_Nations_System_of_National_Accounts_(UNSNA), UNSNA includes the following main accounts:

the production account (components of gross output) 
the primary distribution of income account (incomes generated by production) 
the transfers account (including social spending) 
the household expenditure account 
the capital account 
the (domestic) financial transactions account 
the changes in asset values account 
the assets and liabilities account (balance sheet) 
the external transactions account 

These accounts include various annexes and sub-accounts, and standards are also provided for input-output tables showing the transactions between economic sectors.
If all these accounts are computed in detail, a fairly comprehensive picture is given of the whole economy. However, in many countries the subsidiary accounts are not welldeveloped.


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