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dc.contributor.authorHasan, Mehdi
dc.contributor.authorBinsardi, Ben
dc.date.accessioned2019-07-05T10:40:55Z
dc.date.available2019-07-05T10:40:55Z
dc.date.issued2014-07-01
dc.identifier.citationHasan, M., and Binsardi, B. (2014) 'Using the income approach to calculate the voluntary sector's economic contribution to gross domestic product: a welsh case study'. Contemporary Wales, 27(1), pp. 58-81.en_US
dc.identifier.issn09514937
dc.identifier.urihttp://hdl.handle.net/10545/623970
dc.description.abstractAssessing the economic contribution of the voluntary sector to gross domestic product can be considered methodologically as an under-researched area in the UK, since the majority of research work lacks detailed methodology, including unclear sampling procedures, questionable analytical techniques and unverified data sources. Notably, earlier studies mainly focused on approaches to estimate volunteers’ economic contribution, rather than discussing main economic models to measure overall income variables of the sector. Therefore, this article is expected to fill a gap in the literature by taking into account all possible income components of the sector, including factor payments, as the total income of the voluntary sector. An earlier study (Hasan, 2008) was conducted on the Wrexham voluntary sector to verify the applicability of the income approach. The main difficulties of Hasan’s research were twofold: there were insufficient data sources and there was reluctance on the part of voluntary organizations to supply monetary information. However, the earlier study recommended that the income approach gave the sector more accurate estimates (while not overly under- or over-estimating) when complete information regarding income, expenditure and volunteers’ hourly contribution were properly considered. Accordingly, this paper critically explores the utility of the income approach.en_US
dc.description.sponsorshipN/Aen_US
dc.language.isoenen_US
dc.publisherUniversity of Wales Pressen_US
dc.relation.urlhttps://www.ingentaconnect.com/search/article?option1=tka&value1=Using+the+income+approach+to+calculate+the+voluntary+sector+economic+contribution+to+gross+domestic+product%3a+a+welsh+case+study&pageSize=10&index=1en_US
dc.subjectThird Sector, GDP, Knowledge managementen_US
dc.titleUsing the income approach to calculate the voluntary sector's economic contribution to gross domestic product: a welsh case studyen_US
dc.typeArticleen_US
dc.typeResearch Reporten_US
dc.contributor.departmentGlyndwr Universityen_US
dc.identifier.journalContemporary Walesen_US
dcterms.dateAccepted2014
refterms.dateFOA2019-07-08T07:48:14Z
dc.author.detail786492en_US


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