Jump to ContentJump to Main Navigation
A New Architecture for the U.S. National Accounts$
Users without a subscription are not able to see the full content.

Dale W. Jorgenson, J. Landefeld, and William D. Nordhaus

Print publication date: 2006

Print ISBN-13: 9780226410845

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226410876.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use (for details see http://www.chicago.universitypressscholarship.com/page/privacy-policy).date: 19 July 2018

A Framework for Nonmarket Accounting

A Framework for Nonmarket Accounting

Chapter:
(p.161) 4 A Framework for Nonmarket Accounting
Source:
A New Architecture for the U.S. National Accounts
Author(s):
Katharine G. Abraham, Christopher Mackie
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226410876.003.0005

This chapter summarizes the result of a comprehensive survey of nonmarket accounting conducted by the Committee on National Statistics (CNStat) of the U.S. National Academies. It favors modeling nonmarket accounts on the core system of national accounts, preserving double-entry bookkeeping and relying on market transactions insofar as possible in the valuation of nonmarket inputs and outputs. This chapter also argues in favor of developing a systematic accounting of nonmarket activity to complement the existing national income and product accounts (NIPAs).

Keywords:   nonmarket accounting, CNStat, U.S. National Academies, national accounts, double-entry bookkeeping, market transactions, NIPAs

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.