First calculations of the total output of Latvia and Lithuania in the 1920s : a comparison

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
First calculations of the total output of Latvia and Lithuania in the 1920s: a comparison
In the Journal:
Journal of Baltic studies. 2018, vol. 49, no. 2, p. 241-261
Summary / Abstract:

LTReikšminiai žodžiai: Economic history of Baltic states; 20th century; Latvia 1918–1940; National income; History of national accounting; Alfrēds Ceihners; Albinas Rimka.

ENThe contemporary system of national accounts (SNA) framework is used to compare the methodologies and to adjust the findings to allow for cross-country comparisons of the very first calculations of the total economic output of Lithuania in 1924 by Albinas Rimka (1886–1944) and of Latvia in 1925 by Alfrēds Ceihners (1899–1987). Ceihners’ notion of national income corresponds to the SNA concept of gross national income (GNI), while Rimka measured net national income (NNI). Rimka’s estimate has a downward bias, because he applied a fixed capital depreciation rate that was too high and did not include the value of noncommercial public sector services. [From the publication]

DOI:
10.1080/01629778.2016.1266503
ISSN:
0162-9778; 1751-7877
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https://www.lituanistika.lt/content/75079
Updated:
2020-07-21 19:06:11
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