Development of the Measurement of Product

The measurement of economy is a very long issue closely connected with the development of economic theories and the level of knowledge. Origin of modern measurement can be found in 17th century when Francois Quesnay compiled his Economic Table. Lots of successors developed economic concepts that are...

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Main Author: Jaroslav Sixta
Format: Article
Language:English
Published: Czech Statistical Office 2014-12-01
Series:Statistika: Statistics and Economy Journal
Subjects:
Online Access:http://www.czso.cz/csu/2014edicniplan.nsf/engc/B00044A20F/$File/32019714q4073.pdf
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author Jaroslav Sixta
author_facet Jaroslav Sixta
author_sort Jaroslav Sixta
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description The measurement of economy is a very long issue closely connected with the development of economic theories and the level of knowledge. Origin of modern measurement can be found in 17th century when Francois Quesnay compiled his Economic Table. Lots of successors developed economic concepts that are currently represented by the system of national accounting. Although national accounting has not a long history since it was established in 1950s, it has become known as a general tool for the description of economy. Development of national accounts was in line with development of economic theory and it respected the changes in economy and society. Both western and socialist countries we looking for methods and rules for the measurement of economy. The West relied on the System of National Accounts and the East focused on Material Product System based on Marx theories. After the collapse of communist regimes in the East, there remained only one universal measurement standard – national accounting. National accounts have been developed for more than 60 years and with several milestones. Currently, the new milestone – SNA 2008 / ESA 2010 is going to be put into practice. And the consequences will be very significant for many users.
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spelling doaj.art-aad33673c1b645df8ac928d5866015742022-12-21T22:37:37ZengCzech Statistical OfficeStatistika: Statistics and Economy Journal1804-87651804-87652014-12-019447384Development of the Measurement of ProductJaroslav Sixta0University of Economics; Czech Statistical Office, Prague, Czech RepublicThe measurement of economy is a very long issue closely connected with the development of economic theories and the level of knowledge. Origin of modern measurement can be found in 17th century when Francois Quesnay compiled his Economic Table. Lots of successors developed economic concepts that are currently represented by the system of national accounting. Although national accounting has not a long history since it was established in 1950s, it has become known as a general tool for the description of economy. Development of national accounts was in line with development of economic theory and it respected the changes in economy and society. Both western and socialist countries we looking for methods and rules for the measurement of economy. The West relied on the System of National Accounts and the East focused on Material Product System based on Marx theories. After the collapse of communist regimes in the East, there remained only one universal measurement standard – national accounting. National accounts have been developed for more than 60 years and with several milestones. Currently, the new milestone – SNA 2008 / ESA 2010 is going to be put into practice. And the consequences will be very significant for many users.http://www.czso.cz/csu/2014edicniplan.nsf/engc/B00044A20F/$File/32019714q4073.pdfProductionnational accountsESA 2010
spellingShingle Jaroslav Sixta
Development of the Measurement of Product
Statistika: Statistics and Economy Journal
Production
national accounts
ESA 2010
title Development of the Measurement of Product
title_full Development of the Measurement of Product
title_fullStr Development of the Measurement of Product
title_full_unstemmed Development of the Measurement of Product
title_short Development of the Measurement of Product
title_sort development of the measurement of product
topic Production
national accounts
ESA 2010
url http://www.czso.cz/csu/2014edicniplan.nsf/engc/B00044A20F/$File/32019714q4073.pdf
work_keys_str_mv AT jaroslavsixta developmentofthemeasurementofproduct