Integrating Expenditure and Income Data

Edited by J. Joseph Beaulieu and Eric J. Bartelsman

in A New Architecture for the U.S. National Accounts

Published by University of Chicago Press

Published in print July 2006 | ISBN: 9780226410845
Published online February 2013 | e-ISBN: 9780226410876 | DOI:
Integrating Expenditure and Income Data

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This chapter compares the expenditure estimates of gross domestic product (GDP) with value added estimates derived by adding over industries. It shows that conflicting measurements of deliveries to final demand and value added in a few problem industries explain most of the aggregate statistical discrepancy. This chapter also provides a consistent, integrated set of estimates of industry gross output, deliveries to final demand, intermediates used and value added.

Keywords: expenditure estimates; gross domestic product; industries; final demand; value added; statistical discrepancy; industry gross output

Chapter.  12047 words.  Illustrated.

Subjects: Economic Systems

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