How to Improve the Quality of Regional Accounts Estimates

1
How to Improve the Quality of Regional Accounts
Estimates

• Henk Nijmeijer
• Statistics Netherlands (CBS)
• Joint UNECE / EUROSTAT / OECD Meeting on
  National AccountsGeneva, 25-28 April 2006

2
Structure of the presentation

• Introduction
• Quality
• Quality of regional accounts estimates
• Organisation
• Process tables
• Conclusions and recommendations

3
Introduction

• Gross value added and GDP per region
• Administrative use of regional accounts
• Accuracy
• Connection with national estimates

4
Quality

• Dimensions of quality
• Accuracy and comparability
• Shift from output to process

5
Quality of regional accounts estimates

• Quality project
• Concepts
• Framework
• Sources and methods
• Transparency

6
Organisation of regional accounts

• Central!
• National accounts estimates invariable
• Regional accounts in relation to NA
• Economic reality

7
Economic reality and regional accounts
Economic reality
Confrontation
Regional accounts estimates
8
Process tables

• GNI Committee
• Sources and adjustments

9
Basis for NA figures - surveys censuses -
administrative data - extrapolation models -
other
Adjustments - data validation adjustments -
conceptual adjustments - exhaustiveness
adjustments - balancing adjustments
Basis for NA figures Adjustments
Final Estimate
10
GDP Production measure
GDP Expenditure measure
GDP Income measure
Transformed into
Gross National Income
11
Process tables

• GNI Committee
• Sources and adjustments
• Regional process tables
• Dutch experiences

12
Dutch RA production process
13
52 regions
14
Production statistics, one region
15
Production statistics, multi-regional
16
Production statistics, small companies estimates
17
Total of regions, alignment to national accounts
total
18
Conclusions and recommendations

• Administrative use of regional accountsincreased
  interest of accuracy
• Update ESA95 review RA chapter
• RA inventory needed
• Process table several purposes
• Closer cooperation RA NA