Measuring the Non-Observed Economy: A Handbook

Measuring the Non-Observed Economy: A Handbook

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This handbook identifies and promotes best practice for measurement of the non-observed economy that is consistent with international standards and, in particular, with the 1993 System of National Accounts.example, theft by employees results in less output or increased intermediate consumption and thus lower GDP estimated by the production approach. 9.3. ... From a conceptual point of view, recording illegal production within the national accounts framework does not pose ... Output and value added of wholesalers and retailers are influenced negatively by theft. ... Thus, leaving aside the ( negative) consequences of theft from producersa#39; inventories, value added is not affected by theft.

Title:Measuring the Non-Observed Economy: A Handbook
Publisher:OECD Publishing - 2002-05-24


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