Abstract
Accounting provides an important source of economic measures, yet consistently falls short of the economist’s conceptual ideal. This shortfall is fodder for economic research, is the result of economic forces, and is the key to making the best possible use of these measures.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
This is a preview of subscription content, log in via an institution.
Bibliography
Anderson, S., J. Hesford, and M. Young. 2002. Factors influencing the performance of activity based costing teams: A field study of ABC model development time in the automobile industry. Accounting, Organizations and Society 27: 195–211.
Ball, R., and P. Brown. 1968. An empirical evaluation of accounting income numbers. Journal of Accounting Research 6: 159–178.
Beaver, W. 1998. Financial reporting: An accounting revolution. Englewood Cliffs: Prentice-Hall.
Butterworth, J. 1972. The accounting system as an information function. Journal of Accounting Research 10: 1–27.
Canning, J. 1929. The economics of accountancy. New York: Ronald Press.
Chambers, R. 1966. Accounting, evaluation and economic behavior. Englewood Cliffs: Prentice-Hall.
Christensen, J., and J. Demski. 2002. Accounting theory: An information content perspective. New York: McGraw-Hill/Irwin.
Clark, J. 1923. Studies in the economics of overhead costs. Chicago: University of Chicago Press.
Debreu, G. 1959. Theory of value: An axiomatic analysis of economic equilibrium. New Haven: Yale University Press.
Demski, J. 2003. Corporate conflicts of interest. The Journal of Economic Perspectives 17 (2): 51–72.
Edwards, E., and P. Bell. 1961. The theory and measurement of business income. Berkeley: University of California Press.
Feltham, G. 1972. Information evaluation. Sarasota: American Accounting Association.
Hicks, J. 1946. Value and capital. Oxford: Clarendon Press.
Ijiri, Y. 1975. Theory of accounting measurement. Sarasota: American Accounting Association.
Krantz, D., R. Luce, P. Suppes, and A. Tversky. 1971. Foundations of measurement. New York: Academic.
Mock, T. 1976. Measurement and accounting information criteria. Sarasota: American Accounting Association.
Morgenstern, O. 1965. On the accuracy of economic observations. Princeton: Princeton University Press.
Paton, W. 1922. Accounting theory. New York: Ronald Press.
Petrick, K. 2002. Corporate profits: Profits before tax, profits tax liability, and dividends, Methodology paper. Washington, DC: Bureau of Economic Analysis. Online. Available at http://www.bea.gov///bea/ARTICLES/NATIONAL/NIPA/ Methpap/methpap2.pdf. Accessed 18 Nov 2005.
Ross, S. 2004. Neoclassical finance. Princeton: Princeton University Press.
Solomons, D. 1965. Divisional performance: Measurement and control, 1965. New York: Financial Executives Research Foundation.
Wilson, R. 1983. Auditing: Perspectives from multiperson decision theory. The Accounting Review 58: 305–318.
Acknowledgments
Helpful comments by Haijin Lin and David Sappington are gratefully acknowledged.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 2008 The Author(s)
About this entry
Cite this entry
Demski, J.S. (2008). Accounting and Economics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_527-2
Download citation
DOI: https://doi.org/10.1057/978-1-349-95121-5_527-2
Received:
Accepted:
Published:
Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences
Publish with us
Chapter history
-
Latest
Accounting and Economics- Published:
- 13 April 2017
DOI: https://doi.org/10.1057/978-1-349-95121-5_527-2
-
Original
Accounting and Economics- Published:
- 18 October 2016
DOI: https://doi.org/10.1057/978-1-349-95121-5_527-1