000			01487naa a2200229Ia 4500
001			art0448
003			PILC
005			20161116200823.0
008			160503s9999 xx 000 0 und d
040			_cPIDS
100			_aEzaki, Mitsuo.
245			_aEconomic theory and social accounting system /
300			_ap.238-263
490			_aVol. 3 No. 2 Second Sem 1976
520			_aThis paper will clarify theoretical aspects in the existing system of national accounts and to summarize and interpret it with particular reference to the Philippines. Section 2 provides a general equilibrium framework of the aggregate version to get a bird's eye view of the national economy. Three kinds of equalities are introduced: supply-demand equilibrium conditions, budget constraints, and distributional equations in production (or imputational equations on physical capital). Section 3, using the framework mentioned, will explains five major accounts in the national income statistics of the Philippines and investigates the relationship between national income and national wealth. It will also discuss the treatment of general government, whose productive activities are very difficult to measure correctly due to the invinsible nonmarket nature of public services
650			_aEconomic theory
650			_aNational accounts
650			_aNational income
650			_aSocial accounting system
773			_wjpd1 _tJournal of Philippine Development _93991 _05325
942			_cART _2lcc
999			_c6878 _d6878