Resurrecting the U.K. Historic Sector National Accounts

Abstract

The U.K. national accounts no longer provide a full set of sector income and expenditure data before 1987, a weakness that seriously impedes macroeconomic research. Using a strict accounting framework to combine the best quality official data taken from alternative sources, I show that a historic sector dataset can be resurrected, albeit at a high level of sector aggregation. Particular attention is paid to transfer incomes and associated inter-sector flows. Household saving and corporate retentions data are also derived. Benefits of the historic dataset are described and implications drawn for research and data management. Copyright 2009 The Author. Journal compilation International Association for Research in Income and Wealth 2009.

Mapping Mutations in Legislation: A Bioinformatics Approach

“…The high levels of 'churn' in government, whether the rapid turnover of ministers, senior civil servants, departments, agencies, performance targets, financial data series, or policies, have been widely discussed (see e.g. Berlinski et al 2012;Theakston and Fry 1989;White and Dunleavy 2010;Elston 2013;James 1994;Martin 2009;Soroka et al 2009;Norris and Adam 2017). We might now add 'bill text churn' to this list.…”