Changes in Inventories in the National Accounts

By Segismundo Fassler, Manik L. Shrestha

June 1, 2003

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Format: Chicago

Segismundo Fassler, and Manik L. Shrestha Changes in Inventories in the National Accounts, (USA: International Monetary Fund, 2003) accessed December 26, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The principles underlying the recording of changes in inventories are explained in the System of National Accounts, 1993 (1993 SNA), but operational guidelines on their measurement are lacking. This paper elaborates specific statistical techniques and their underlying assumptions for calculating changes in inventories and holding gains when only data on stocks of inventories are available. Several data situations are considered. The authors propose methods for measuring changes in inventories that meet the 1993 SNA principles. The paper also explores possibilities for implementing the proposed improvements and explains the interpretation of data on changes in inventories.

Subject: Consumption, Financial statements, National accounts, Price indexes, Stocks

Keywords: Base period, Current price, Stocks of inventory, WP

Publication Details

Pages:

46
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2003/120
Stock No:

WPIEA1202003
ISBN:

9781451854299
ISSN:

1018-5941

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