Abstract

Government statistics in the 'Detailed Tables' of OECD yearly National Accounts, one of the most internationally used references for comparative economic studies, show remarkable inconsistencies. The interpretation by economists and other users of data on total government outlays by function and type, gross capital formation, added value of general government, compensation of employees, and on other public sector data needs more prudence than it is usually acknowledged. In some cases, strong policy implications risk being drawn on shaky foundations. International organisations should invest more in the quality of data they disseminate.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.