Preview of the comprehensive revision of the national income and product accounts: recognition of government investment and incorporation of a new methodology for calculating depreciation.
From: Survey of Current Business
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Date: 9/1/1995
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Author: Dobbs, David T.; Herman, Shelby A.; Parker, Robert P.; Pitzer, John S.; Triplett, Jack E.
The Bureau of Economic Analysis is revising its analysis of the national income and product accounts. It will announce the results of the revision at the end of 1995. The new measures will incorporate government investment into the calculation of the value of fixed assets and depreciation of public investment, and will allow tracking of government spending changes and international comparisons of investment and savings rates. The 1987 benchmark input-output tables and 1992 census data will also ...
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