Czech GDP between 1970 and 1989 Based on Esa 2010

Long time series of the main macroeconomic indicators are in demand by researches and economic experts. The Department of Economic Statistics from the University of Economics in Prague reconstructed the historici time series of GDP and its components in ESA 1995. Thus, we interpreted economic develo...

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Bibliographic Details
Main Authors: Jaroslav Sixta, Martina Šimková, Kristýna Vltavská, Jan Zeman
Format: Article
Language:English
Published: Czech Statistical Office 2016-03-01
Series:Statistika: Statistics and Economy Journal
Subjects:
Online Access:https://www.czso.cz/documents/10180/32912826/32019716q1004.pdf/8e3b48ad-e5d0-49f1-bdff-392ba786974d?version=1.1
Description
Summary:Long time series of the main macroeconomic indicators are in demand by researches and economic experts. The Department of Economic Statistics from the University of Economics in Prague reconstructed the historici time series of GDP and its components in ESA 1995. Thus, we interpreted economic development of the Czech Rep. Between 1970 and 2013 based on ESA 1995. In 2014 the Czech Statistical Office recalculated national accounts since 1990 using the newly adapted European standard of accounts 2010. Introducing ESA 2010 brought the need to recalculate the historical time series into this new standard. The paper aims at describing the main adjustments in this recalculation and presenting the main results of expenditure and production approaches to GDP. Since the most important changes in the standards concern capitalisation the most significant changes affected gross capital formation.
ISSN:0322-788X
1804-8765