Labour income 1926-58 /

In particular, the Research and Development Division has contributed advice and assistance in preparing statistics which fit O into the conceptual framework of the national accounts, and many of the data used were collected and processed by the Industry and Merchandising Division, the Public Finance and Transportation Division, the Business Finance Division and the Agriculture Division. [...] However, the labour income estimates are dependent In the final analysis upon the co-operation of the many firms and government agencies which have supplied the basic data required. [...] For purposes of national ilogous to the accounts of an individual firm, and accounting earnings of the latter kind are estimated ch provide a valuable framework for economic separately and included in net income of unincor- analysis and description. [...] Retroactive wage in- Payments to hired labour may be regarded creases, commissions and bonuses are included in from two points of view: that of the employer and the periods in which they are paid rather than the that of the employee. [...] However, since they of expense which are related to the employment of r.;resent only a very small part of the total and appear hired labour which are not included in labour more closely related to labour income than to any other Income.