The Regional Accounts System of the EU - PowerPoint PPT Presentation

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The Regional Accounts System of the EU

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Title: The Regional Accounts System of the EU


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
  • Dont estimate variables at too much regional
    detail
  • Protect regional classification against political
    pressure
  • Dont be too ambitious (example regional FISIM)
  • If resources dictate priorities, go first for
    GVA, then household accounts and GFCF

12
  • Contact Andreas.Krueger_at_cec.eu.int

Thank you !
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