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REVIEW OF THE TOTAL INCOMES SYSTEM OF ACCOUNTS
Author(s) -
Eisner Robert,
Ruggles Richard
Publication year - 1991
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1991.tb00385.x
Subject(s) - citation , economics , sociology , library science , computer science
This book is the latest version of Eisner's modifications of United States national income accounts. It is aimed at improving inter-temporal and, potentially, international comparability of measures of aggregate output and economic well-being. The extensions and adjustments focus primarily on (1) non-market household production, (2) final and intermediate product and (3) capital formation. A Total System of Income Accounts (TISA) is constructed for the period 1946-81 in both current prices and 1972 dollars to measure the changes in aggregate output and economic well-being. Eisner recognizes that the ground he covers has been well-trodden by many other investigators. For comparative purposes, he includes estimates of similar extensions made for the United States economy by Jorgenson-Fraumeni, Kendrick, Nordhaus-Tobin, Ruggles-Ruggles, and Zolotas. Eisner has published much of this work previously (Eisner 1988, 1985, 1978), but the present volume provides useful additional information on his sources and methods. It is particularly appropriate that these basic issues of national accounting should again be raised now when the United Nations System of National Accounts is being revised.