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NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Working Papers by Karen Wilson

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Working Papers

February 2005The Architecture of the System of National Accounts: A Three Country Comparison, Canada, Australia, and United Kingdom
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This paper summarizes the characteristics of the System of National Accounts as outlined in SNA93. It outlines the elements of infrastructure used to build the accounts and then describes the flow of accounts and supply and use framework used to construct integrated macro economic statistics. Three countries are then compared in the use of this standard; Australia, Canada and the United Kingdom. Each of the three countries uses the Supply and Use framework (variant of Input Output tables) as the key integrating tool for building the system of accounts and GDP benchmarks are determined using the "production" approach inherent in the Supply and Use framework. In Australia and United Kingdom, the supply and use framework is used to balance and benchmark the flow of accounts up to and i...

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