Functional Classification of National Accounts Systems in Korea
- 29 Downloads
The COFOG is a detailed classification of the functions that general government units seek to achieve through various expenditures.
The COFOG, produced by the Organization for Economic Cooperation and Development (OECD) and published together with three other classifications in the United Nations (UN) is a detailed classification of the functions or socioeconomic objectives that general government units seek to achieve through various expenditures. It is one of a family of four classifications referred to as classifications of individual consumption, according to purpose (the Classification of Individual Consumption According to Purpose (COICOP); the Classification of the Purpose of Nonprofit Institutions Serving Households (COPNI); and the Classification of the Outlays of Producers According to Purpose (COPP)).
The South Korean government’s Classification of the Functions of...
- Eurostat (2011) Manual on sources and methods for the compilation of COFOG statistics. Working papers. European CommissionGoogle Scholar
- Eurostat (2014) EU-27 Government expenditure on economic affairs stable at 4.1% of GDP in 2012 compared with 2011. Statistics in Focus, 6/2014. European CommissionGoogle Scholar
- International Monetary Fund (1986) Government finance statistics manual 1986. Washington, D.CGoogle Scholar
- International Monetary Fund (2001) Government finance statistics manual 2001. Washington, D.CGoogle Scholar
- International Monetary Fund (2014) Government finance statistics manual 2014. Washington, D.CGoogle Scholar
- International Monetary Fund (2017) Government finance statistics yearbook 2016. Washington, D.CGoogle Scholar
- Jeong SH (2015) Proposal for the official creation and utilization of classification of function of government. Public Financ Forum 244:31–59Google Scholar
- Jeong SH (2017) Strengthening the accountability of government accounting information: a focus on national financial statements. Korean Comp Gov Rev 21(3):81–110Google Scholar
- Jeong SH, Kang SH (2019) Fiscal reform in South Korea: looking back and moving forward. Public Money Manage 39(6):450–453Google Scholar