Term:
Additivity - SNA
Definition:
Additivity is a property pertaining to a set of interdependent index numbers related by definition or by accounting constraints under which an aggregate is defined as the sum of its components; additivity requires this identity to be preserved when the values of both an aggregate and its components in some reference period are extrapolated over time using a set of volume index numbers.
Domain:
Economics & National Accounts
Source:
SNA para. 16.55