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UK national accounts statistics of government 'output' are based on inputs, especially employment; earlier UK conventions attempted to measure government output using statistics of activity (of the sort currently advocated in some quarters) but were dropped for reasons outlined below. The note...
The four papers which follow were written for a conference organised by the National Institute on 24 February. The papers draw on some of the major developments in macroeconomic research and policy appraisal at the Institute over the last two or three years. Particular emphasis is placed on the...
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