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

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Private Corporate Sector in New NAS Series

Need for a Fresh Look

Private Corporate Sector in New NAS Series

Revisiting the MCA-21-based estimates of the size of the private corporate sector in the rebased National Accounts Statistics, it is argued that the use of a single blow-up factor for non-government non-financial public and private limited companies could be leading to an overestimation of gross value added and gross savings. If there has to be a blow-up, it should be done separately, given the distinct characteristics of public and private limited companies.

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