Latin America [electronic resource] : Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA) / Roberto Luis Olinto Ramos.
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TextSeries: IMF Working Papers; Working Paper ; No. 08/239Publication details: Washington, D.C. : International Monetary Fund, 2008Description: 1 online resource (51 p.)ISBN: 1451870973 :ISSN: 1018-5941Subject(s): 1993 SNA Implementation | Consumption Expenditure | Data Module of the Roscs | GDP Estimation Biases | Gross Fixed Capital Formation | Brazil | Chile | Colombia | Mexico | NicaraguaAdditional physical formats: Print Version:: Latin America : Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA)Online resources: IMF e-Library | IMF Book Store Abstract: This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base years, downwards biases with household final consumption estimates, and an overestimation of gross fixed capital formation in construction activities.
This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base years, downwards biases with household final consumption estimates, and an overestimation of gross fixed capital formation in construction activities.
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