I don't know how NIPA does it. There are all sorts of tricky issues in defining the correct numerator and denominator for average tax rates. Profit rates, if we mean profits divided by asset value, is additionally difficult due to the issues in valuing a stock of assets. Profits as a share of sales is more accessible and useful for some purposes, misleading for others.
On Wed, Nov 21, 2012 at 11:15 AM, michael perelman < [email protected]> wrote: > exactly my question. > > On Wed, Nov 21, 2012 at 7:56 AM, Jim Devine <[email protected]> wrote: > > the stats are from the NIPA, no? how do they calculate them? > > > > On Wed, Nov 21, 2012 at 7:53 AM, michael perelman > > <[email protected]> wrote: > >> I wanted to know which kind of profits are used in reported profit > >> rates. I figured you or Doug would know. > > > > -- > > Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your > > own way and let people talk.) -- Karl, paraphrasing Dante. > > _______________________________________________ > > pen-l mailing list > > [email protected] > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > > > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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