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Latin America: Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA)
Author:
Roberto Luis Olinto Ramos null

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,
Lisbeth Rivas
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Mr. Gonzalo C Pastor Campos
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Series:
IMF Working Papers
Volume/Issue:
Volume 2008: Issue 239
Language:
English
Publication Date:
01 Oct 2008
DOI:
https://doi.org/10.5089/9781451870978.001
ISBN:
9781451870978
ISSN:
1018-5941
Pages:
51
Keywords:
WP; GDP ratio; Total GFKF; consumer price index; consumption expenditure; economic growth; estimation bias
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base years, downwards biases with household final consumption estimates, and an overestimation of gross fixed capital formation in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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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund