Government Transactions. Methodology Papers: U.S. National Income and Product Accounts

摘要

The paper describes, for both the Federal and State and local governments, the preparation of the national income and product account (NIPA) estimates of government purchases (both current and constant-dollar), government transfer payments to persons and to foreigners, net interest paid by government, dividends received by government, subsidies less current surplus of government enterprises, personal tax and nontax payments, corporate profits tax liability, indirect business tax and nontax liability, employer and personal contributions for social insurance, and government surplus or deficit. It includes a brief treatment of the relation between NIPA government transactions and the government financial statements that are their statistical basis. It will provide guidance to users of the NIPA estimates on making more effective use of these statistics for economic and financial analysis and forecasting.