ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Estimation of Net National Product from Consumer Expenditure Data

Estimation of Net National Product from Consumer Expenditure Data

This paper is a follow-up on an earlier study published in 1961. It estimates net national output from the expenditure approach for the period 1958-59 to 1968-69, As the current estimates are based on data of better quality, coverage and authenticity, they are surer estimates of private income and net national product. But the percentage of error cannot be categorically stated.

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