Skip to main content
  • Book
  • © 2001

National Accounts and Economic Value

A Study in Concepts

Palgrave Macmillan

Authors:

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

This is a preview of subscription content, log in via an institution to check for access.

Table of contents (9 chapters)

  1. Front Matter

    Pages i-ix
  2. Introduction: Why Write About Value in the Context of National Accounts?

  3. Nominal Accounts

    1. Front Matter

      Pages 9-9
    2. Transactions and Their Economic Functions

      • Utz-Peter Reich
      Pages 11-31
    3. Institutions and Their Economic Activities

      • Utz-Peter Reich
      Pages 32-64
  4. Real Accounts

    1. Front Matter

      Pages 65-65
    2. The Index Number Problem

      • Utz-Peter Reich
      Pages 67-100
    3. The Quality Problem

      • Utz-Peter Reich
      Pages 101-122
  5. Theory of Value

    1. Front Matter

      Pages 123-123
    2. Elements of Value Theory

      • Utz-Peter Reich
      Pages 125-141
    3. Value Theory in the National Accounts

      • Utz-Peter Reich
      Pages 142-154
    4. Value Theory in Economics

      • Utz-Peter Reich
      Pages 155-177
    5. Open Questions

      • Utz-Peter Reich
      Pages 178-179
  6. Back Matter

    Pages 180-193

About this book

Utz-Peter Reich addresses economists interested in a sound empirical foundation for their theoretical concepts. He investigates economic value and determines how value is defined in theory, which is microeconomic, and how it is measured in practice in national accounts. He demonstrates that microeconomic theory is not made to guide or interpret national accounts figures and he offers an alternative theory.

About the author

UTZ-PETER REICH is Professor of Economics and Statistics at the Mainz University of Applied Sciences. He has been Chairman of the Council of the International Association for Research and Income and Wealth.

Bibliographic Information

  • Book Title: National Accounts and Economic Value

  • Book Subtitle: A Study in Concepts

  • Authors: Utz-Peter Reich

  • DOI: https://doi.org/10.1057/9780230512900

  • Publisher: Palgrave Macmillan London

  • eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)

  • Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2001

  • Hardcover ISBN: 978-0-333-73391-2Published: 08 August 2001

  • eBook ISBN: 978-0-230-51290-0Published: 08 August 2001

  • Edition Number: 1

  • Number of Pages: IX, 193

  • Topics: Microeconomics, Accounting/Auditing

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access