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Economic Transfers in the United States by Marilyn Moon, ed.

The account measures the Total Ecosystem Accessible Fresh Water (TEAW) and the Net Ecosystem Accessible Fresh Water Surplus (NEAWS) adjusted for water stress during the vegetation growing season. Accounts in m3 are established for water stocks in terrestrial ecosystems (soil and vegetation) and water bodies (aquifers, lakes and dams, rivers). They include a distinction between total and accessible stocks, the difference being due to physical or economic constraints of abstraction, pollution or time mismatch between availability and requirements for natural or human uses. The water flow accounts are tracked from precipitation infiltration and runoff down to the final outflow. Total available effective rainfall (in hydrological terms), which is available to feed the water bodies, is precipitation minus Evapo‑Transpiration. | This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title Economic Transfers in the United States Volume Author Editor Marilyn Moon ed. Volume Publisher University of Chicago Press Volume ISBN 0-226-53505-3 Volume URL http www.nber.org books moon84-1 Publication Date 1984 Chapter Title An Accounting Framework for Transfer Payments and Its Implicati for the Size Distribution of Income Chapter Author Edward C. Budd Daniel Radner T. Cameron Whiteman Chapter URL http www.nber.org chapters c8805 Chapter pages in book p. 37 - 86 2 An Accounting Framework for Transfer Payments and Its Implications for the Size Distribution of Income Edward c. Budd Daniel B. Radner and T. Cameron Whiteman 2.1 Introduction The purpose of this paper is to develop a framework for accounting for transfer payments for the household sector and for estimating the effect of transfers on the distribution of income by size and by selected socioeconomic characteristics primarily for the year 1972 for which relatively complete and consistently estimated data exist. Section 2.2 discusses the accounting framework and some of the problems in distinguishing between income arising from production and that arising from income redistribution or payments and receipts of transfers. The notion is that in an accounting system for the economy as a whole although not necessarily for any individual sector of it transfer payments simply Edward c. Budd is professor of economics Pennsylvania State University Daniel B. Radner is an economist with the Office of Research and Statistics Social Security Administration and T. Cameron Whiteman is an economist with the Statistics of Income Division Internal Revenue Service. The authors had originally planned to use the microdata files underlying the 1979 Income Survey Development Research Panel for most of the empirical estimates in this paper. Because the processing of these files was terminated while this paper was being