CoverTechnical compilation guide for pension data in national accounts — 2020 edition

The European Commission (Eurostat) and the ECB have released the updated Technical Compilation Guide for Pension Data in National Accounts. The Guide, produced by the two institutions, is a handbook for compilers and users of data on pension schemes in social insurance. It aims at supporting National Statistical Institutes, Central banks and other compilers within the European Union, to derive position and flow data for pension entitlements. The guide is also a useful tool to help users to understand the data. [+]

CoverHandbook on the compilation of statistics on sea and air transport in national accounts and balance of payments — 2020 edition

This Handbook represents the first comprehensive overview of conceptual and practical issues related the compilation of statistics on sea and air transport in national accounts (NA) and balance of payments (BOP).

Estimating the contribution of the use of vessels and aircraft to national economies is challenging due to the complexity of shipping and aviation business models and infrastructure. However, statistical institutions and data users have increasingly recognised the need for comprehensive, reliable and internationally available information on sea and air transport in NA and BOP.

The purpose of this handbook is to increase and improve existing understanding of economic activities in shipping and aviation. This allows interpreting international manuals and guides, relevant for collecting and compiling sea and air transport statistics, in a consistent and coordinated way.

This handbook is the result of the joint work of the members of the Eurostat Task Force on the compilation of statistics on sea and air transport, consisting of experts from Eurostat Unit C5 Balance of Payments and Integrated Global Accounts, European national statistical institutes and central banks, as well as the ECB. This handbook benefits from contributions of experts working in the maritime and aviation cluster. [+]

CoverGovernment finance statistics — Summary tables — volume 1/2020

The tables in this publication present government finance statistics (GFS) data by Member State, for the European Union, for the euro area as well as for the United Kingdom, Iceland, Norway and Switzerland. The GFS presentation shows, in an integrated way: government revenue, government expenditure, government deficit, transactions in assets and in liabilities, other economic flows, and balance sheets. It gives a clear picture of the links between these data. The publication is intended primarily for national governments, Central Banks, economic analysts and academics with an interest in government finance, although it could also be of interest to the wider public. The value-added in comparison with other publications is to give an overview of government finances from several angles with consistent information. The publication covers data since 1995. [+]

CoverConsistency of ESA 2010 based national accounts — 2020 edition

These guidelines have been prepared to help national accounts compilers implement measures to improve the numerical consistency of the accounts. This handbook contains definitions, explanations, recommendations and examples of good practice under the current 2010 European system of national and regional accounts (ESA 2010). All recommendations aim to ensure that the output of national accounts compilation is numerically consistent across the related accounts and their datasets. [+]

CoverEURONA — Eurostat Review on National Accounts and Macroeconomic Indicators — Issue No 2/2019

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 second issue of 2019 includes articles on the measurement of public goods, on extended supply and use tables, on residential property price indices and consumer price indices for package holidays based on big data. [+]

CoverGovernment finance statistics — Summary tables — volume 2/2019

The tables in this publication present government finance statistics (GFS) data by Member State, for the EU-28, for the euro area and for Iceland, Norway and Switzerland. The GFS presentation shows, in an integrated way: government revenue, government expenditure, government deficit, transactions in assets and in liabilities, other economic flows, and balance sheets. It gives a clear picture of the links between these data. The publication is intended primarily for national governments, Central Banks, economic analysts and academics with an interest in government finance, although it could also be of interest to the wider public. The value-added in comparison with other publications is to give an overview of government finances from several angles with consistent information. The publication covers data since 1995. [+]

CoverManual on sources and methods for the compilation of COFOG statistics - Classification of the Functions of Government (COFOG) — 2019 edition
This manual has been developed and agreed by the Task Force on COFOG in response to an increasing interest in high quality, comparable statistics on government expenditure broken down by purpose, according to the Classification of the Functions of Government (COFOG). It is its third edition. The manual covers user requirements, the analytical framework, methodological guidance, links with other international statistics, and countries' compilation practices. In comparison to previous editions, the manual was completely updated, most importantly to reflect the ESA 2010 (European System of Accounts) framework. Further guidance is given by the addition general guidance on the recording of consumption of fixed capital on own-account research and development (R&D) and correspondences among the COFOG classification and economic transactions used in the ESA 2010 framework as well as of sixteen new case studies. [+]

CoverQuality report on the balance of payment (BOP), international investment position (IIP), international trade in services (ITS) and foreign direct investment (FDI) — 2019 edition

The purpose of this paper is to present the overview quality report on balance of payments (BOP), international trade in services statistics (ITSS) and foreign direct investment (FDI) statistics for the year 2018, transmitted by the EU and EFTA Member States. The quality assessment has been carried out against the following quality criteria: relevance, accuracy, timeliness and punctuality, accessibility and clarity, comparability and coherence. It covers the data requirements under Regulation (EC) No 184/2005 and the methodology in the 6th edition of the IMF’s ‘Balance of Payments and International Investment Position Manual’ (BPM6). The quality report is updated annually. [+]

CoverReconciliation of EU statistics on income and living conditions (EU-SILC) data with national accounts

The coherence of household survey data with national accounts has been studied extensively in recent years, following the “Beyond GDP” initiatives. This paper compares income aggregates in EU-SILC and national accounts, adjusts for the main conceptual differences, and discusses factors that could influence the observed discrepancies. Following a proposal by Atkinson, Guio and Marlier (2017), sensitivity of key social indicators to the micro/macro-discrepancies is then examined by adjusting the micro data totals to match the reconciled macro aggregates. Three adjustment methods are tested (simple proportional scaling, calibration to margins, Pareto imputation), and their impact on the measures of income inequality and at risk of poverty compared. In line with other studies, the micro/macro gaps are found to vary significantly across countries, and are more substantial in property and self-employment income compared to wages and salaries and transfers received. The observed gaps are likely to be mostly due to measurement errors and conceptual differences. Adjusting the micro data with the gaps results in significant increases in inequality and median income levels, but more subdued changes in at risk of poverty rates. The results are sensitive to the adjustment methods as well as proper assessment of the micro/macro gaps. Caution is warranted if distributional indicators are computed from macro-adjusted micro data. [+]

CoverGovernment finance statistics — Summary tables — volume 1/2019

The tables in this publication present government finance statistics (GFS) data by Member State, for the EU-28, for the euro area and for Iceland, Norway and Switzerland. The GFS presentation shows, in an integrated way: government revenue, government expenditure, government deficit, transactions in assets and in liabilities, other economic flows, and balance sheets. It gives a clear picture of the links between these data. The publication is intended primarily for national governments, Central Banks, economic analysts and academics with an interest in government finance, although it could also be of interest to the wider public. The value-added in comparison with other publications is to give an overview of government finances from several angles with consistent information. The publication covers data since 1995. [+]

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