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- W2497466767 abstract "This chapter focuses on the government sector. Some small countries include a number of commercial activities of government in the government sector. It has been assumed that they are included in the public utilities sector. Some institutions, such as the Post Office, may seem to be commercial departments, but to some extent postal revenues can also be a form of tax. It is largely a matter of convention where the line is drawn between an ordinary government department and a commercial undertaking. It makes a difference to the total value added by government. A difference between the gross revenue and recurrent expenditure of a commercial undertaking is a gross profit and is therefore included in gross product. Some larger countries have a separate sector for local government or may add together the transactions for both local and central government. In a federal country, the approach depends on whether the national income is calculated as one operation or in separate units. Generally, each unit has its own statistical office that produces its own national accounts, while the function of the federal statistical office is to achieve some uniformity in tables, accounts, and definition, and to integrate with the unit accounts the federal government and regional services' contribution." @default.
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- W2497466767 date "1971-01-01" @default.
- W2497466767 modified "2023-09-27" @default.
- W2497466767 title "The Government Sector" @default.
- W2497466767 doi "https://doi.org/10.1016/b978-0-08-016395-6.50018-4" @default.
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