By John Piggott
By John Whalley
Publisher: Cambridge University Press
Print Publication Year: 1985
Online Publication Date:August 2010
Chapter DOI: http://dx.doi.org/10.1017/CBO9780511753008.016
This appendix gives notes on the derivation of the data tables reported in Chapter 5. The notes are not meant to be comprehensive in reporting all the details involved but do aim to provide readers with the main sources used along with a brief outline of major adjustments.
Summary Production and Demand Transactions, UK, 1973.
Definition of Terms
Profit Type Return: This includes the net of tax, gross of subsidy, and net of depreciation, returns on capital use. Major differences between the concept employed here and that used in the National Accounts include:
Labour Costs: These are the net of tax, gross of subsidy, returns to labour. Major differences between the concept employed here and that used in the National Accounts include:
Net Capital Tax Payments: These estimates represent corporation tax payments and rates, less capital type subsidy payments.
Net Labour Tax Payments: These estimates represent National Insurance payments, less regional employment premiums.