This paper presents a disaggregated approach to the early estimates of the GDP growth based on ECM models for the major euro area member state economies. This approach is then compared within a pseudo real-time simulation exercise with a direct one based on an ECM model of the euro area GDP. [+]
This paper introduces two new dynamic measures of business cycle synchronisation aiming to overcome some limitations of static measures. By using such measures, the evolution of the synchronisation among euro area countries is then evaluated with particular attention to the period of the global financial and economic crisis. [+]
Vectores estructurales autorregresivos (SVAR) estimaciones basadas de la brecha del producto zona del euroen Estadisticas
This paper analyses alternative constraints in Structural VAR models allowing for the decomposition between permanent and transitory components. Alternative SVAR specifications are then compared in a real-time exercise using the HP filter as a benchmark. [+]
The current publication presents the simplified energy balance sheets for 2014 and time series of key elements of energy balances for the years 1990, 1995, 2000, 2005, 2010, 2013 and 2014. Energy data are available for all Member States of the European Union as well as Iceland, Norway, Montenegro, the Former Yugoslav Republic of Macedonia, Albania, Serbia, Turkey, Bosnia and Herzegovina, Kosovo (UNSCR 1244/99), Moldova and Ukraine. The energy balances have been constructed according to Eurostat's methodology, where all the operations are harmonized on the basis of the energy content of each source and form of energy. The energy balances are expressed in thousands of tonnes of oil equivalent (ktoe). [+]
Eurostatistics — Data for short-term economic analysis - shows the evolution of the economic activity in the European Union, euro area and Member States. This monthly review gives a synthetic picture of the macroeconomic situation in the recent past. It is based on Principal European Economic Indicators (PEEIs), complemented by some business cycle indicators. [+]
The 2016 edition of 'Smarter, greener, more inclusive? — Indicators to support the Europe 2020 strategy' supports the Europe 2020 strategy by monitoring progress towards the targets and goals defined under the three mutually reinforcing priorities of smart, sustainable and inclusive growth.
The analysis is based on the Europe 2020 headline indicators chosen to monitor progress towards the strategy’s targets. Other indicators focusing on specific subgroups of society or on related contextual issues are also used to deepen the analysis and present a broader picture. The publication presents official statistics produced by the European Statistical System and disseminated by Eurostat. It covers the period from 2002 or 2008 up to the most recent year for which data are available (2014 or 2015). [+]
This publication provides a statistical portrait of the partners of the Asia-Europe Meeting (ASEM), a political forum for dialogue and cooperation established since 1996. Commemorating ASEM's 20 anniversary, this publication starts with a chapter presenting key figures showing the evolution of ASEM during the last two decennia. Further, it provides latest available data regarding the population, education, labour market, tourism, economic and financial status of ASEM partners using European (Eurostat)and international (UN and its agencies, IMF, the World Bank, the International Energy Agency, ASEAN statistics and National tourism bodies of Asian ASEM partners) data sources. [+]
Since the foundation of ASEM in 1996, the trade balance has improved considerably for all groups of ASEM partners. For ASEM as a whole, the trade surplus rose from 80 billion in 1996 to 519 billion EUR in 2014. While part of this rise is a result of additional partners joining the ASEM process over time, most of the increase is explained by an improved trade balance and higher levels of trade in the ASEM regions.
In 2014, all the major regions participating in the Asia-Europe Meeting (ASEM) recorded a trade surplus. In absolute terms, the trade surplus was highest for the European Union (EU-28), reaching 308 billion EUR. [+]
The first ASEM Summit, held in 1996, marked the start of a process that has engaged both regions in dialogue and cooperation on political, economic and socio-cultural issues. The origins of the ASEM process lay in the recognition of the importance of a strong relationship between Asia and Europe.
For two decades ASEM has been an important forum for dialogue and cooperation. ASEM celebrates its 20th anniversary on 15-16 July 2016 at the 11th ASEM Summit (ASEM11) in Ulaanbaatar, Mongolia. [+]
EURONA is an open access, peer reviewed, scholarly journal dedicated to National Accounts and Macroeconomic Indicators. EURONA aims at providing a platform for researchers, scholars, producers and users of macroeconomic statistics to exchange their research findings. This first issue of 2016 includes articles on Bayesian estimation in national accounts, the use of scanner data for consumer price indices, the flash estimation of euro area and EU GDP and the consistency of national accounts and balance of payments statistics. [+]