National Accounts and Economic Value: A Study in Concepts

ISBN-13: 9780333733912 / Angielski / Twarda / 2001 / 193 str.

Utz-Peter Reich; U. Reich

Opis

Addresses economists interested in an empirical foundation for their theoretical concepts. The author investigates economic value and determines how value is defined. He shows that microeconomic theory is not made to guide national accounts, and suggests an alternative.

Spis treści

Introduction Why Write About Value in the Context of National Accounts Nominal Accounts Transformation Real Accounts The Quality Problem Theory of Value Value Theory of the National Accounts Value Theory in Economics Open Questions Index

O autorze

UTZ-PETER REICH is Professor of Economics and Statistics at the Mainz University of Applied Sciences. He has been Chairman of the Council of the International Association for Research and Income and Wealth.