1998
DOI: 10.1111/j.1475-4991.1998.tb00286.x
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Interaction Between National Accounts and Socio‐economic Policy

Abstract: An important application of national accounts is in the formulation of socio‐economic policy. This paper starts out with a discussion of the current situation in the Netherlands. Subsequently, it identifies several universal trends (more micro‐oriented policy formulation, globalization, the rise of the flexible service economy and the increasing intertwinement of economic, social and environmental policies) and outlines how the national accounts might be adapted and extended so as to enhance its role as the co… Show more

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Cited by 8 publications
(6 citation statements)
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“…Based on the work of Keuning and Timmerman (1995) and Keuning (1998Keuning ( , 2000, the concept of SESAME was elaborated and implemented. SESAME goes beyond the SAM concept as it provides theoretical and practical linkages between monetary and non-monetary phenomena.…”
Section: Literature Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…Based on the work of Keuning and Timmerman (1995) and Keuning (1998Keuning ( , 2000, the concept of SESAME was elaborated and implemented. SESAME goes beyond the SAM concept as it provides theoretical and practical linkages between monetary and non-monetary phenomena.…”
Section: Literature Reviewmentioning
confidence: 99%
“…(European Commission et al, 1993) Below we list the features of the SAM are identified to be the most important: First, it efficiently contributes to combining growth indicators, income allocation and poverty in one consistent framework; Second, SAM is a preferred means for adjusting various data sources and bridging the gap in information received from various statistical sources of data; Third, SAM is useful integrated statistical database for preparation and implementation of macroeconomic models, thus contributing to more efficient analytically based decision making process in the national economies (Kjosev, 2012). SESAME (System of Economic and Social Accounting matrices and Extensions) approach SESAME (System of Economic and Social Accounting matrices and Extensions) is a statistical information system in matrix format, from which a set of core socioeconomic and environmental macro-indicators is derived (Keuning, 1998).…”
Section: Theoretical Background Social Accounting Matrixmentioning
confidence: 99%
“…The next step of the national accounts approach to statistics was taken by Keuning. He argues that an extended national accounts framework should be used as the framework for all economic, social and demographic statistics ( Keuning , 1997; Kazemier , Keuning and van de Ven 1999) and for all structural indicators of the EU ( Keuning , 1998; de Haan , Leunis and Verbruggen , 2002).…”
Section: Progress Since the 1950smentioning
confidence: 99%
“…In Chapter 6 of Kendrick's book, Jonathan Levin notes the SNA's inconsistency in valuing non-market output by the government and non-profit institutions at input cost, while valuing the same output by other institutional units at equivalent market prices. Keuning (1998) argues that the former valuation method is preferable in all instances, provided that the cost of the use of the financial assets involved is included. Levin also points to the serious under-valuation of governmcnt output by excluding interest payments as an input cost.…”
Section: The Measurement and Valuation Of Productionmentioning
confidence: 99%
“…For a remedy, one must look to the Social Accounting Matrix (SAM) as elaborated in Chapter XX of the '93 SNA; cf. also Keuning (1996).…”
Section: Introductionmentioning
confidence: 99%