DEVELOPMENT OF GROSS DOMESTIC PRODUCT IN THE CZECH REPUBLIC AND SLOVAKIA BETWEEN 1970 AND 1989

• Authors: Sixta Jaroslav , Kristýna Vltavská , Jakub Fischer
• Languages of publication: EN

Abstracts

EN

The paper deals with the economic development of both the Czech and Slovak Republics between the years 1970 and 1989. It focuses on the description of economy from nowadays perspective by the commonly used gross domestic product. The estimates were prepared by experts from the Department of Economic Statistics of the University of Economics in Prague. The paper describes the main conceptual differences between the previously used System of Material Product and the currently used System of National Accounts. The most important difference was in the coverage of economic activities that were considered productive for the value added estimation. The paper shows the comparison of previously published figures for Czechoslovakia with figures newly estimated for the Czech Republic and Slovakia. The key data sources consist of officially published figures on global product, national income and symmetric input-output tables.

Keywords

EN

MATERIAL PRODUCT SYSTEM; SYSTEM OF NATIONAL ACCOUNTS; NATIONAL INCOME; GROSS DOMESTIC PRODUCT; CZECH REPUBLIC; SLOVAKIA

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2013
• Volume: 61
• Issue: 6
• Pages: 549 – 562

Contributors

author

Sixta Jaroslav

• Vysoká škola ekonomická v Praze, Fakulta informatiky a statistiky, Katedra ekonomické statistiky, Nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic

author

Kristýna Vltavská

author

Jakub Fischer