In contrast,
the national accounts measure of buildings and structures investment fell by a surprisingly large 3.8 per cent in the September quarter, driven by a large reversal in the previously robust structures component.
Turns out that
national accounts measure it quite differently.
The national accounts measures of compensation both grew by 0.2 per cent in the March quarter, but these relatively low outcomes appear to have been affected by the recent changes to the Labour Force Survey.
The strong growth observed in
the national accounting measure of profits has also been reflected in financial measures of corporate earnings such as «as reported» earnings and «operating» earnings (Graph A3).
Not exact matches
This shows up in the
national accounts as a divergence between GDP, which is a
measure of production, and Gross Domestic Income, which tracks aggregate income.
The moderation in the rate of growth in the
national measures is
accounted for by developments in Sydney and Melbourne.
Other official labour cost data based on wage - bill
measures, such as average weekly ordinary time earnings and average earnings from the
national accounts, paint a similar picture, identifying firm wage outcomes but giving little indication of an acceleration of aggregate wages growth.
Although interpretation of earnings data remains difficult, due to methodological differences in the construction of the various
measures (for details see Box A, Statement on Monetary Policy, February 2002), the rebound is evident in both
national accounts and financial reporting - based estimates.
The progress indicated by conventional
national accounts is not just a myth that evaporates when a welfare - oriented
measure is substituted.»
measures to encourage early interventions in various settings through exclusive breastfeeding for the first six months, introduction of nutritionally - adequate complementary foods at the age of six months while breastfeeding continues for up to two years of age or beyond or taking into
account available
national recommendations;
The boycott is one part of a multi-faceted strategy that includes monitoring companies and working for legislation and other
measures to hold them to
account at
national and international level.
For instance, the Mercury Deposition Network, which
measures the metal in rainwater in many parts of the country, does not
account for mercury particulates that settle dry onto vegetation, a form of deposition that could be equal to the wet variety, according to Oak Ridge
National Laboratory scientist Steve Lindberg.
to consider should be the following: 1) the achievement of full employment or reduction in the unemployment rate; 2) increase the income distribution
measured by the Gini index; 3) reduction of the levels of crime in society; 4) increase in service levels of education, health, housing and transport to the population; 5) increase of the investment in infrastructure, education, health, housing and sanitation; 6) increase in the HDI - Human Development Index, used by the United Nations, which takes into
account GDP per capita, the longevity of people and their education (
measured by illiteracy rate and the enrollment rates at various levels of education); and 7) increase of GNH (Gross
National Happiness) indicator, which analyzes 73 variables that contribute most to the goal of achieving the well - being and satisfaction with life (See GNH posted in website
It also brings to an end a difficult week for the Department for Education, which has already faced criticism from the
National Audit Office for its
accounts, and comes just weeks after the government announced it would no longer be using new reception baseline tests as an performance
measure for schools after concerns were raised about comparability.
These are the
national tests, exams and progress
measures which the government uses to hold schools to
account.
The return from housing was
measured solely as the increase in the level of the Teranet —
National Bank
National Composite House Price Index and does not
account for rental income from a property.
As Professor Green mentioned, the singular focus on emissions is pervasive, and in some cases understandable (for instance, comparing
national emissions
accounts —
measured in MTCO2 — is often much easier than harmonizing and comparing trade - adjusted energy consumption —
measured variously in Mtoe, GWhs, bbls, EJs, etc etc).
The Rulebook covers issues related to carbon
accounting, such as how to monitor
national forests, how to address the drivers of deforestation and forest degradation, and how to
measure, report and verify activities designed to slow deforestation.
The
measures also allow
national investigators more access to information, including
national bank
account registers.
The inclusion of owners» imputed rent is necessary from a
national income
accounting approach because without this
measure increases in homeownership would result in declines for GDP.