Cargando…
Latin America.
This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base ye...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2008.
|
| Colección: | IMF Working Papers.
|
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- I. Introduction; II. Background; Boxes; 1. Changing the Base Year: What does it Imply?; 2. Latin America: Impact on Nominal GDP Levels from Changes in Base Year and Implementation of 1993 SNA; III. Key Methodological and Data Source Upgrades; 3. 1993 SNA Main Methodological Changes from 1968 SNA; IV. Updating National Accounts in Latin America: A Preliminary Assessment; A. Quality Gaps vis-à-vis Best Practices; Tables; 1. Latin America and the Caribbean: Data ROSC: Summary of Results-National Accounts; B. Economic Dimensions of the Data Revisions.
- 2. G8 Countries: Data ROSC: Summary of Results-National AccountsFigures; 1. Median changes in Base year Nominal GDP: Expenditure Approach; 2. Median changes in Base year Nominal GDP: Production Approach; 3. Latin America: Difference in Real GDP Growth Rates Under New and Old National Accounts Statistics; 3. Average Real GDP Per-capita Growth Rates Under Alternative NA Series; 4. Latin America: Changes in GDP Structure due to Changes in National Accounts Statistics; 4. Selected Countries: Share of Compensation to Employees in Total Nominal GDP; C. Remaining Data Puzzles.
- 5. Changes in the Composition of Aggregate Demand Under New National Accounts Statistics5. Brazil: Changes in Real Consumption Growth Rates Resulting from Comparing Old and New NationalAccounts; 4. Reconciliation of Household Survey and National Accounts Households Final Consumption Expenditure Data; 6. LAC Region: Simple Correlation Between Gross Fixed Capital Formation in Machinery and Equipment and Imports of Capital Goods; 7. LAC Region: Gross Fixed capital Formation Ratios to GDP and Alternative ICOR Estimates.
- 5. Issues with the Calculation of Gross Fixed Capital Formation in Construction Activities6. Latin America: Average Changes in Inventories, 2000-2005; 7. Latin America: Peak Value of Changes in Inventories, 2000-2005; 8. Caribbean Region: Average Changes in Inventories, 2000-2005; V. Estimation Bias in the Compilation of Nominal GDP Figures: A First Approximation; 9. Caribbean Region: Peak Value of Changes in Inventories, 2000-2005; 6. Latin America: Status of 1993 SNA Implementation-Replies to IBGE's Questionnaires; 8. LAC Region: Biases in Nominal GDPCalculations.
- A. Nominal GDP Under-estimation due to Outdated Base year and Lagging 1993 SNA ImplementationB. Under-estimation of Household Final Consumption Expenditure; C. Over-estimation of Gross Fixed Capital Formation in Construction; 9. Latin America: Sensitivity Analysis Under Alternative GDP Ratios of Gross Fixed Capital Formation in Construction, 1995-2005; VI. Concluding Remarks; VII. Selected Bibliography; Appendix Tables; 1. Latin America and the Caribbean: Inclusion of Selected Variables in the National Accounts Statistics and Consumer Price Index (CPI).