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2016•Journal of Baltic StudiesRequires access

First calculations of the total output of Latvia and Lithuania in the 1920s: a comparison

Zenonas Norkus

Open publisher page 7 citations

Abstract

The contemporary system of national accounts (SNA) framework is used to compare the methodologies and to adjust the findings to allow for cross-country comparisons of the very first calculations of the total economic output of Lithuania in 1924 by Albinas Rimka (1886–1944) and of Latvia in 1925 by Alfrēds Ceihners (1899–1987). Ceihners’ notion of national income corresponds to the SNA concept of gross national income (GNI), while Rimka measured net national income (NNI). Rimka’s estimate has a downward bias, because he applied a fixed capital depreciation rate that was too high and did not include the value of noncommercial public sector services.

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What this paper is about

The contemporary system of national accounts (SNA) framework is used to compare the methodologies and to adjust the findings to allow for cross-country comparisons of the very first calculations of the total economic output of Lithuania in 1924 by Albinas Rimka (1886–1944) and of Latvia in 1925 by Alfrēds Ceihners (1899–1987). Ceihners’ notion of national income corresponds to the SNA concept of gross national income (GNI), while Rimka measured net national income (NNI). Rimka’s estimate has a downward bias, because he applied a fixed capital depreciation rate that was too high and did not include the value of noncommercial public sector services.

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OpenAlex reports 7 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

The contemporary system of national accounts (SNA) framework is used to compare the methodologies and to adjust the findings to allow for cross-country comparisons of the very first calculations of the total economic output of Lithuania in 1924 by Albinas Rimka (1886–1944) and of Latvia in 1925 by Alfrēds Ceihners (1899–1987). Ceihners’ notion of national income corresponds to the SNA concept of gross national income (GNI), while Rimka measured net national income (NNI). Rimka’s estimate has a downward bias, because he applied a fixed capital depreciation rate that was too high and did not include the value of noncommercial public sector services.

Key concepts: Depreciation (economics), Gross fixed capital formation, National accounts, Measures of national income and output, Economics, National Income and Product Accounts, Gross national income, Value (mathematics)

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