Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Catalogue Number
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
4160.0 - Measuring Wellbeing: Frameworks for Australian Social Statistics, 2001  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 12/10/2001   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product  
Contents >> Chapter 7: Economic Resources

Chapter 7: Economic Resources

The 'Economic resources' chapter discusses the scope of ABS activity in this area, defining economic resources, and differentiating these from other resources. The concepts of economic wellbeing, living standards and poverty are discussed, as well as the concepts of income, consumption and wealth and the relationship between these. The chapter shows the connection between economic resources and wellbeing and covers a number of key social issues, such as income inequality, levels of remuneration, and so on. Some key population groups of interest are identified. The 'Frameworks' section of the chapter outlines the System of National Accounts, and the Australian System of National Accounts, and further delineates the concepts of, and linkages between, income, consumption and wealth, showing stock / flow relationships and summarising various classifications (ie, sources of income, types of consumption and expenditure classifications). Measurement issues, including measuring income from self-employment and savings, and establishing counting units, equivalence scales, poverty measures, and price indices are discussed. Key data sources are listed and summarised.



This section contains the following subsection :
      Summary
      Defining economic resources
      Economic resources and wellbeing
      Social issues
      Population groups
      Frameworks
      Data sources
      Endnotes
      References and further reading

Previous PageNext Page


Bookmark and Share. Opens in a new window


Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.