1 / 12

The Regional Accounts System of the EU

The Regional Accounts System of the EU. Andreas Krüger (Eurostat). Eurostat - Unit C2 National Accounts - production. Structure of the presentation . ESA95: Legal basis Key elements Who does what? Available data Quality Monitoring Future Developments Conclusions. ESA95: Legal basis.

elgin
Download Presentation

The Regional Accounts System of the EU

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Regional Accounts System of the EU Andreas Krüger (Eurostat) Eurostat - Unit C2National Accounts - production

  2. Structure of the presentation • ESA95: Legal basis • Key elements • Who does what? • Available data • Quality Monitoring • Future Developments • Conclusions

  3. ESA95: Legal basis • Council Regulation No. 2223/1996 • Chapter 13: Basic definitions for Regional Accounts • Annex B: Obligatory data transmission programme (Regional accounts: Tables 1000, 1200 and 1300) • Methodological Recommendations published separately

  4. Key elements • Same concepts and definitions as on national level • Common rules and definitions on basic issues • Common data transmission programme • GVA compilation: Mostly production, some income, but no expenditure approach • No obligation for using specific sources or regionalisation methods • Only current prices; but some NSIs have also COP

  5. Who does what? • National Statistical Institutes (NSIs): • Primary data collection • Data compilation at regional levels NUTS1-NUTS3 • Transmission of data to Eurostat in national currency • Eurostat • Validation of data received • Conversion into € and PPS • Estimation of regional GDP • Calculation of per-inhabitant figures and 3-year averages • Development work

  6. Available data (1) Regional level NUTS 2 (254 units in the EU-25): • GVA, compensation of employees, employment (total and employees) in persons, GFCF for 17 industries • Regional GDP (calculated by Eurostat) • Primary income of households: Property income (paid and received), operating surplus/mixed income, compensation of employees • Secondary distribution of household income: Taxes on income/wealth, social contributions, social benefits, other current transfers (paid and received)

  7. Available data (2) Regional level NUTS 3 (1213 units in the EU-25): • GVA at 3 industries • Employment (total and employees) in persons for 3 industries • Regional GDP (calculated by Eurostat)

  8. Quality Monitoring • Quality reporting project (1999-2005) led by CBS Netherlands • Future quality monitoring: • Lighter, but more regular and accessible • Concentrates on accuracy and comparability • Inventories • Quality standards: difficult

  9. Future Developments • More focused data transmission programme: GVA in A6, employment in hours worked • Regular calculation of regional growth rates (voluntary) • Quality monitoring • Methodological work: Extra-regio, FISIM, growth rates

  10. Conclusions (1) What helps to make good regional accounts: • Up-to-date business register with local KAUs • Detailed Structural Business Statistics • Access to appropriate administrative data • Regional classification • Regions that are comparable in population • Stability over time: Avoids breaks

  11. Conclusions (2) Lessons learnt: • Don’t estimate variables at too much regional detail • Protect regional classification against political pressure • Don’t be too ambitious (example: regional FISIM) • If resources dictate priorities, go first for GVA, then household accounts and GFCF

  12. Contact: Andreas.Krueger@cec.eu.int Thank you !

More Related