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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.

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The Regional Accounts System of the EU

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  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 !

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