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Workshop of the Friends of the Chair on Integrated Economic Statistics EU Regulatory Framework

Explore the EU Regulatory Framework for economic statistics, focusing on national accounts, business statistics, energy, and more. Learn about ESA95 characteristics, concepts, and satellite accounts, as well as the features and improvement areas of the system.

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Workshop of the Friends of the Chair on Integrated Economic Statistics EU Regulatory Framework

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  1. Workshop of the Friends of the Chair on Integrated Economic Statistics EU Regulatory Framework Peter Bekx Bern 6 June 2007

  2. Economic areas - national accounts and input/output tables - business statistics, which also includes statistics on the information society - energy - international trade - transport - tourism - prices - R&D

  3. ESA95 • broadly compatible with SNA • provides methodology on common standards, definitions, classifications, accounting • provides programme for data transmission • Regulation: rules are binding for EU Member States • two main sets of tables: sector accounts; I/O and industry accounts

  4. ESA95 Characteristics Concepts are: 1) internationally compatible 2) harmonised with those in other social and economic statistics 3) consistent 4) operational 5) different from most administrative concepts 6) well-established and fixed for a long period 7) focused on describing the economic process in monetary and readily observable terms 8) flexible and multi-purpose

  5. ESA95 Satellite accounts • specific domains: tourism, R&D, … • more detail • change some concepts • retain basic concepts and classifications • link with aggregates

  6. NACE Rev2 • internationally compatible • linkage with other EU classifications either through structure or conversion tables • use of NACE mandatory in EU Member States • national versions are allowed but must fit into NACE framework

  7. Features of the system • mandatory in EU Member States • compulsory data transmission programme • EU legislation directly applicable in Member States • Adopted by Council and Parliament upon proposal from European Commission (Eurostat)

  8. Improvement areas • integration only partial in certain domains • not at most disaggregated level • historic development: not integrated but area by area

  9. ESA95 Revision • required because of SNA93 update • occasion to further improve standards • development of more integrated system • new common framework and principles for satellite accounts

  10. MEETS • new needs in statistics – burden reduction • new data collection methods • requires integration of data sets • programme for integrating business and trade statistics • identify new/obsolete requirements • integrate methodologies • smarter ways of collecting and processing data • simplification of Intrastat

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