Integrating forest resources into the system of national accounts in Maharashtra, India

2000 ◽  
Vol 5 (1) ◽  
pp. 143-156 ◽  
Author(s):  
G.S. HARIPRIYA
Keyword(s):  
Value Added ◽  
Forest Resources ◽  
The State ◽  
Domestic Product ◽  
National Accounts ◽  
Forest Resource ◽  
System Of National Accounts ◽  
Resource Accounting

The objective of the study is to construct forest resource accounts for the state of Maharashtra in India and incorporate the value of depletion and degradation of forest resources into the system of national accounts (SNA). The net state domestic product (NSDP) is adjusted for the depletion of the forest resources to obtain Environmentally adjusted net state domestic product (ESDP). The results show that the value added by forests is 3.56 per cent of NSDP and the value of depletion is 19.8 per cent of the estimated value added. The ESDP of Maharashtra is found to be 99.3 per cent of the estimated NSDP. The study has demonstrated that, although the existing database needs further improvement, forest resource accounting is feasible for the state of Maharashtra in India and can serve as an indicator of economy's performance.

scholarly journals THEORETICAL AND METHODOLOGICAL PRINCIPLES OF NATIONAL ACCOUNTING IN THE SYSTEM OF ECONOMIC MECHANISM OF UKRAINE

2021 ◽  
Author(s):  
Irina Varenik ◽  
Vitaliy Akulenko ◽  
Irina Prigara
Keyword(s):  
The State ◽  
Evolutionary Development ◽  
Economic Systems ◽  
National Accounts ◽  
Accounting Data ◽  
Economic Mechanism ◽  
National Accounting ◽  
System Of National Accounts ◽  
Macroeconomic Indicators ◽  
Methodological Principles

Based on the study of the concept of national accounting, it is established that the essence and meaning of this term has its origins in the basics of initial accounting of business transactions in the economy. According to scientific research and conclusions of various scholars on the nature and content of the process of national accounting and in particular national accounts, the main conclusions about the state and methodology of national accounting in the country. A comparative analysis of the evolutionary development of national accounting in different economic systems is made and the necessity of application and efficiency of using the System of National Accounts as a single register of macroeconomic indicators in the system of national accounting is proved. Integrated economic information is the basis for the formation of macroeconomic indicators. The use of integration information resource allows to effectively form and analyze macroeconomic indicators. The relevance of this study is to highlight the main provisions that prove the need to use the mechanism of national accounting in the system of economic mechanism and prove the effectiveness of the system of national accounts as a single register of macroeconomic accounting. The study is based on the findings of many scientists in the field of research of the economic mechanism of the country. Substantive conclusions prove the need to combine the original accounting information and its integration into the general macroeconomic register. This will avoid errors in the formation of macro indicators and increase the transparency and accuracy of national accounting data. Thus, the effectiveness of macroeconomic accounting in order to assess and analyze the state of the economic mechanism and prospects for its development is proved. The main conclusions of economists on the interpretation of the essence and methodology of modern national accounting and the use of the system of national accounts are highlighted and generalized, supplemented with material on the integration of economic resources and its impact on the formation of macroeconomic indicators.

scholarly journals REGIONAL GROSS DOMESTIC PRODUCT OF GEORGIA. METHODOLOGICAL CHANGES

World Science ◽  
2019 ◽  
Vol 3 (11(51)) ◽  
pp. 9-12
Author(s):  
Inga Benashvili ◽  
Mamuka Benashvili
Keyword(s):  
Gross Domestic Product ◽  
Domestic Product ◽  
National Accounts ◽  
Regional Structure ◽  
New Classification ◽  
System Of National Accounts ◽  
National Rate ◽  
Per Capita ◽  
Municipal Level ◽  
Constant Prices

The paper is devoted to the methodological changes in the calculation of regional Gross Domestic Product (GDP), mainly due to the introduction of the 2008 version of the System of National Accounts in Georgia. Other changes are related to the transition to a new classification system of economic activity (NACE rev2). Because of this, the regional structure of GDP has changed significantly.Regional GDP on a per capita basis, in 2018 Tbilisi ranks first (6122,5 USD). Then it will be followed by Adjara (5514.3 USD). Their rate is significantly higher than the national rate (4722.0 USD).The priority directions for calculating regional GDP in Georgia are as follows: •Receiving data directly from local units (local KAUs) by improving information sources;•More detailing of regionalization. In particular, at the municipal level; •Calculate regional GDP at constant prices.

scholarly journals VAT Gap Estimation and Influence of Selected Methods of Financial Administration on its Reduction

2021 ◽  
Vol 12 (1) ◽  
pp. 45-60
Author(s):  
Lukáš Moravec ◽  
Jana Hinke ◽  
Monika Borsiczká
Keyword(s):  
Czech Republic ◽  
Gross Domestic Product ◽  
Value Added ◽  
Domestic Product ◽  
National Accounts ◽  
Value Added Tax ◽  
The Czech Republic ◽  
Tax Gap ◽  
Tax Fraud ◽  
Financial Administration

Abstract The aim of this contribution is to quantify the influence of selected methods on elimination of value added tax gap in the Czech Republic within the researched period 2015–2016. To find a possible share of influence of the VAT control statement on tax fraud following priority methods were set: VAT control statement invitation, initiatives from pairing check reports, tax checking and procedures for doubt removal. By quantifying these methods, the values of theoretical benefits are measured and further compared with value added tax gap within the researched period. To set the VAT gap estimation a method was used that calculates via cleaning gross domestic product based on the database of national accounts. By using this approach it was found out that with the influence of selected methods of financial administration there was a tax gap decrease in 2015 by 5.54% and for 2016 by 4.00%.

A Tourism Satellite Account for the Netherlands: Approach and Results

2005 ◽  
Vol 11 (3) ◽  
pp. 393-409 ◽  
Author(s):  
Nicolaes Heerschap ◽  
Bart de Boer ◽  
Rutger Hoekstra ◽  
Arjan van Loon ◽  
Leon Tromp
Keyword(s):  
The Netherlands ◽  
Gross Domestic Product ◽  
Pilot Project ◽  
Economic Effects ◽  
Domestic Product ◽  
National Accounts ◽  
System Of National Accounts ◽  
Consistent Description

During 2002–03 Statistics Netherlands (CBS) conducted the pilot project ‘Tourism Satellite Accounts for the Netherlands’. This article describes the main results of this project. A Tourism Satellite Account (TSA) provides a systematic and consistent description of the economic effects of tourism based on an internationally recommended method in accordance with the system of National Accounts (UN et al, 1993). Roughly, tourism accounted for 2.5% of the Gross Domestic Product (GDP) of the Netherlands in 1999. In total, visitors spent about ₠21 billion in the Netherlands that year, which generated some 330,000 jobs, almost 4% of the total number of jobs in the country.

Manufacturing growth in India in recent years

2016 ◽  
Vol 9 (2) ◽  
pp. 102-113 ◽  
Author(s):  
Bishwanath Goldar
Keyword(s):  
Commercial Bank ◽  
Manufacturing Sector ◽  
Value Added ◽  
Output Growth ◽  
Bank Credit ◽  
National Accounts ◽  
Content Type ◽  
System Of National Accounts ◽  
Gross Value Added ◽  
Manufacturing Growth

Purpose Since the announcement of the new series of national accounts for India (with base 2011-12) in January 2015, there has been endless controversy over the new gross domestic product (GDP) growth numbers, particularly in respect of growth of Indian manufacturing. The purpose of this paper is to highlight certain policy issues concerning India’s system of national accounts, in the context of the methodological changes made in the new national accounts series, and to check the validity of the view held by some critics that the new series has significantly overstated the growth rate in real gross value added in manufacturing in recent years. Design/methodology/approach The paper presents a brief, selective review of the literature that has emerged on the new series of national accounts. A close look is taken at the available data on real gross value added growth in Indian manufacturing in conjunction with data on growth in India’s exports and in outstanding non-food commercial bank credit. Analysis of these data is undertaken with the help of a table and some graphs. Findings The paper finds that there is not enough basis to believe and argue that the GDP estimates in the new series of national accounts significantly overstate the true manufacturing sector growth in India. Originality/value Rates of manufacturing output growth in recent years indicated by the new series of national accounts for India are subjected to careful scrutiny by contrasting yearly growth rates in manufacturing output with those in India’s non-oil exports and in outstanding non-food commercial bank credit.

scholarly journals The unobserved economy and the Dutch national accounts after the benchmark revision 2015

2019 ◽  
Vol 6 (53) ◽  
pp. 1-24
Author(s):  
Brugt Kazemier ◽  
Michel van Veen ◽  
Sander IJmker
Keyword(s):  
Gross Domestic Product ◽  
Tax Evasion ◽  
Value Added ◽  
Data Sources ◽  
Domestic Product ◽  
Second Step ◽  
National Accounts ◽  
Illegal Activities

AbstractIn 2018, Statistics Netherlands carried out a general benchmark revision of their national accounts statistics. The base year was 2015. Special attention was paid to the exhaustiveness of the estimates. Among other, these include estimates for illegal activities and tax evasion. In the first step, the main (illegal and off the record) activities that were not included in the regular data sources underlying the national accounts were identified. In the second step, estimates were made for each identified activity, based on the scarce information data sources available, supplemented with assumptions. This paper describes the second step. The value added of illegal activities in 2015 was estimated at 4.8 billion euros, which is 0.7% of gross domestic product (GDP). The explicit adjustment for tax evasion was about 3.9 billion euros, which is slightly <0.6% of GDP.

scholarly journals Tourism contribution to Gross Domestic Product (GDP) and Gross Value Added (GVA)

2020 ◽  
Vol 10 (3) ◽  
pp. 176-182
Author(s):  
Milin Ioana Anda ◽  
Merce Iuliana Ioana ◽  
Iancu Tiberiu ◽  
Pet Elena ◽  
Tigan Eugenia
Keyword(s):  
Gross Domestic Product ◽  
Value Added ◽  
Tourism Industry ◽  
Domestic Product ◽  
Data Series ◽  
National Accounts ◽  
Tertiary Sector ◽  
Goods And Services ◽  
Gross Value Added ◽  
Macroeconomic Indicators

The overall evolution of the economy is usually appreciated by two macroeconomic indicators GDP and GVA, which by their value gives us clear information on the state of the economy.  Gross domestic product (GDP), the main macroeconomic aggregate of national accounts, is the final result of the production activity of resident producer units and which corresponds to the value of goods and services produced by these units for final consumption. Gross Value Added (GVA) is the balance of the production account and is measured as the difference between the value of the goods and services produced (valued at basic prices) and the intermediate consumption (valued at the buyer's prices), thus representing the new value created in the production process. GVA is calculated before calculating the consumption of fixed capital. Since 1990, we have been confronted with a major restructuring of the way GDP and GVA are created due to the intensive process of restructuring the economy. In the paper we will analyze the basis of the processing of national statistical data, how the tourism component of the tertiary sector contributes to the formation of the aggregate indicators presented above. In 2016, Romania had a GDP of 169.6 billion euros, below the Czech level (174.4 billion euros), Greece (175.9 billion euros) and Portugal (184.9 billion euros). Data series published by the European Statistical Office show that in the first quarter of this year, Romania's GDP adjusted for seasonal influences was 44.2 billion euros, while the value of GDP- Greece was 43.96 billion euros, the Czech Republic's 44.85 billion euros, and Portugal's 47.37 billion euros. In terms of GVA training, Romania is included in the European Union's Statistical Yearbook 201 6 as the country with the largest contributions to the Gross Value Added  in the economy from industry, agriculture and construction, simultaneously with the lowest Public sector contribution (administration, defense, education, health and social welfare, etc.) Although professional, scientific and technical activities have seen the largest increase in the share of Gross Value Added  training, they remain below the average of 10.4% Registered on the whole EU. There is an increase in the art, entertainment, recreation and other activities related to tourism - which brought us near the European customs and contributed to the "structural convection" of the Romanian economy. Touristic activity, particularly complex, with upstream and downstream implications, generates a tourism industry, whose components contribute to the formation of GDP and national  Gross Value Added   We will analyze the share of tourism in Romania's Gross Domestic Product in the period 2008-2014, gross value added in the tourism industry  direct gross value added from tourism  and gross domestic product of tourism  in 2013 and 2014.   Keywords: macroeconomic indicators, tourism industry, Gross Domestic Product, Gross Value Added economy

scholarly journals Cross-subsidizing in power industry: approaches to development of stage-by-stage decrease in volumes

2017 ◽  
pp. 24-35 ◽  
Author(s):  
A. V. TRACHUK ◽  
N. V. LINDER
Keyword(s):  
Growth Rate ◽  
Electric Power ◽  
General Structure ◽  
Electric Energy ◽  
Value Added ◽  
Economic Effects ◽  
Economic Damage ◽  
National Accounts ◽  
System Of National Accounts ◽  
One Stage

The paper is devoted to economic effects of decrease in volumes of cross subsidizing for participants of the market of electric energy are considered, and also methodological approaches to modeling of a stage-by-stage decrease of volumes of cross subsidizing in economy are developed. The methodology of the system of national accounts (SNA) – symmetric tables “expenses – release” and intersectoral balance “a product – a product” calculated on release of the final product of 22 industries – was used to model the influence of economic and social effects due to cross subsidies elimination. The comparative analysis of one-stage and gradual options to cross subsidies elimination was carried out. One-stage elimination of cross subsidizing showed more the worst results on economic indicators of participants of a power market, than at its stage-by-stage decrease.Modeling of stage-by-stage decrease in cross subsidizing is aimed at determination of the greatest possible growth rate of tariffs for the electric power for the population. The indicator of the minimum value of economic damage to branches of the economy, calculated as a difference of a balanced gain (departure) of a gross value added in the range of a threshold interval of increase in expenses of house farms on the purchased electric power in the general structure of expenses is used as criterion of an optimality of growth rate of tariffs for the electric power. The macroeconomic model of formation, use and reproduction of a branch value added is used for creation of model. The analysis of impact of change of tariffs for the electric power for the population is carried out with a step to 1% to the level providing full reduction of cross subsidizing. Optimum speed of a gain of tariffs for regions with the maximum rate of a tariff for the electric power (Moscow region) and the minimum rate (Orenburg region) is calculated. 

Gross domestic product as the subject of criticism

2017 ◽  
Vol 62 (3) ◽  
pp. 5-15
Author(s):  
Bohdan Wyżnikiewicz
Keyword(s):  
Gross Domestic Product ◽  
Social Progress ◽  
Social Aspects ◽  
Domestic Product ◽  
National Accounts ◽  
System Of National Accounts ◽  
Economic Organizations ◽  
European System ◽  
Separate System ◽  
The Subject

Gross domestic product (GDP) is the most important and the most common measure of production and its changes, estimated in the national accounts. Since the second half of the 20th century, the UN in cooperation with other international economic organizations has been working on new versions of rules for GDP estimation, known as the System of National Accounts (SNA) and its European version, the European System of National and Regional Accounts (ESA). The GDP concept has been criticised by economists, politicians and journalists mainly due to their disappointment that GDP does not measure social progress. This article aims at presenting issues and conventional solutions concerning GDP, which are the subject of criticism, as well as demands for changes in the methodology of computing this measure. This paper concludes that it is not possible to build a single indicator for measuring both economic growth and social development. The barrier to constructing a measure of social progress with features similar to GDP is the requirement for evaluative assumptions which are beyond the GDP concept. It was found that a separate system of indicators should be developed for statistical measurement of social aspects of development.

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