Reconciliation of National Income and Expenditure

The problem of disparities among different estimates of GDP is well known and widely discussed. Here the authors describe a method for examining the discrepancies using a technique allocating them with reference to data reliability. The book includes a full set of estimates for the UK national accounts for the period 1920-1990 including runs of industrial data for the period 1948-1990. The statistical technique allows estimates of standard errors of the data to be calculated and verified.