wiod meeting – sevilla may 26th 2011 session 6 a consolidated european union and euro area...
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WIOD meeting – Sevilla May 26th 2011
Session 6 A consolidated European Union and Euro Area supply-use system and input-outputtables
Eurostat, Unit C2, Isabelle Rémond-Tiedrez
Joint paper written by Rueda-Cantuche, J.M., Beutel, J., Remond-Tiedrez,I.,Bouwmeester, M. C. and Oosterhaven, J.)
WIOD meeting – Seville May 26th 2011
Project history
Oct 2007: cooperation is set up– Eurostat National Accounts Unit– Institute for Prospective Technological Studies (JRC-IPTS)
in Seville and – the Konstanz University of Applied Sciences.
Early 2010, collaboration extended to :– EUROSTAT Unit E.7 (Environmental accounts and
climate change) and its contractors
May 2011: Eurêka data on line
WIOD meeting – Seville May 26th 2011
Which selection of tables for European aggregates?
Supply table (SUP) at basic prices for the 27 EU Member States, the European Union and euro area;
Use table (USE) at basic prices broken down into domestic (USEdom) and imports (USEimp) uses for the 27 EU Member States, the European Union and euro area;
Symmetric product by product input-output (SIOT) table broken down into domestic and imports uses for the European Union and euro area.
WIOD meeting – Seville May 26th 2011
Which details for European aggregates?
Current prices
Years 2000 onwards
59 products (CPA) * 59 activities (NACE) 6 products * 6 activities
WIOD meeting – Seville May 26th 2011
Data availability
Official tables (ESA Transmission Program): – SUP yearly (table 1500)
– USE at purchaser’s prices yearly (table 1600)
– SIOT, SIOTdom, SIOTimp 5-yearly (tables 1700, 1800, 1900)
Additional tables – USE at basic prices (1610) USEdom (1611) USEimp (1612) – Trade and Transport Margins (1620) – Taxes Less Subsidies (1630)
WIOD meeting – Seville May 26th 2011
Official and additional tables
0
5
10
15
20
25
SUP USEpp SIOT SIOTdom SIOTimp USEbp Usedom Useimp TTM TLS
Nu
mb
er o
f co
un
trie
s
5-yearly average
yearly average (up to 2006)
2007
Official Additional
WIOD meeting – Seville May 26th 2011
Methodology
1. Estimate USE table at basic prices for every country with split import and domestic;
2. simply add-up the 27 tables3. balance the intra-EU import table with the information
on intra-EU exports 4. aggregate domestic and balanced intra-EU imports5. transform European SUT into IOT
-> technical paper http://epp.eurostat.ec.europa.eu/cache/ITY_SDDS/Annexes/naio_esms_an1.pdf
WIOD meeting – Seville May 26th 2011
Methodology, point 1: estimation of USE at basic prices
Itineraries defined according to available data Purchaser's prices (excluding any deductible VAT)
- trade and transport margins- non-deductible VAT- taxes on products+ subsidies on products
= Basic prices -> USE pp – TTM – TLS = USEbp Estimations of TTM, TLS not essential: TLS+TTM Assumptions: product technology assumption, proportionality
of imports Examples
WIOD meeting – Seville May 26th 2011
Data situation: 5 groups
0
5
10
15
20
25
30
2000 2001 2002 2003 2004 2005 2006 2007
Num
ber
of c
ount
ries
EXCELLENT GOOD SATISFACTORY INCOMPLETE NON AVAILABLE
WIOD meeting – Seville May 26th 2011
Estimation of USE at basic prices, examples for 2 data situations
Good data situation:– SUP, USEpp, SIOT, SIOTdom, SIOTimp – Product technology assumption– Reverse model : SIOT, SIOTdom, SIOTimp
Incomplete data situation:– SUP, USEpp– Previous years’ information -> itinerary– Split import/domestic
WIOD meeting – Seville May 26th 2011
SUPSIOT
SIOTimp SIOTdom
IMP
USEimpUSEimp
USEbp (final)USEbp (final)
USEdomUSEdom
USEbp (draft)USEbp (draft)
Itinerary 2: Reverse Model (dark blue)
Distinguishing domestic and import uses (bright green)
USEpp
Value addedFinal demand
Good data situation
USEimp(-1)
WIOD meeting – Seville May 26th 2011
SUP
TLS TTMIMPTLS(-1)
USEbp(-1)
USEimpUSEimp
USEbp (final)USEbp (final)
TLS + TTM
USEdomUSEdom
USEpp(-1)
USEbp (draft)USEbp (draft)Itinerary 4: Merging valuation matrices
Distinguishing domestic and import uses
USEpp
Incomplete data situation
USEimp(-1)
Value added
WIOD meeting – Seville May 26th 2011
The result: EU27 Symmetric Input-Output table
Agriculture, hunting and
fishing
Industry incl. energy
Con-struction
Trade, transport and com-
munication services
Financial services and
business activities
Other services
Total Final con-sumption ex-penditure
Gross capital
formation
Exports Final uses at basic prices
Total use at basic prices
PRODUCTS (CPA) 1 2 3 4 5 6 7 8 9 10 11 12Products of agriculture, hunting and fishing 45 984 173 007 2 824 23 558 3 630 6 223 255 226 101 765 11 811 13 075 126 650 381 876Industrial products (incl Energy) 77 135 2 420 959 358 832 519 579 219 335 256 642 3 852 483 1 469 520 562 335 967 607 2 999 462 6 851 944Construction work 2 679 42 210 338 556 45 149 115 441 45 664 589 699 48 082 1 080 334 2 160 1 130 576 1 720 275Trade, transport and communication services 35 294 721 866 116 605 827 984 250 806 179 001 2 131 556 2 082 144 150 386 232 739 2 465 270 4 596 826Financial services and business services 24 685 650 201 177 631 721 684 1 248 467 356 951 3 179 619 1 462 441 282 700 187 583 1 932 724 5 112 343Other services 4 798 78 308 10 497 68 916 102 976 257 734 523 230 3 014 418 23 353 16 622 3 054 393 3 577 624Total Domestic 190 575 4 086 552 1 004 945 2 206 870 1 940 655 1 102 216 10 531 812 8 178 370 2 110 920 1 419 785 11 709 075 22 240 887Products of agriculture, hunting and fishing 2 619 16 658 186 1 888 238 599 22 187 11 601 1 241 1 025 13 867 36 054Industrial products (incl Energy) 7 079 576 283 31 600 67 847 33 206 43 707 759 722 242 800 160 634 104 366 507 799 1 267 521Construction work 4 154 872 54 136 91 1 312 41 765 6 812 2 124Trade, transport and communication services 315 12 326 1 288 38 242 7 307 3 259 62 737 15 244 369 5 382 20 994 83 730Financial services and business services 542 27 807 4 282 19 029 44 156 10 538 106 353 7 324 5 965 5 863 19 152 125 505Other services 24 2 033 134 2 104 1 277 5 078 10 649 6 362 1 041 544 7 948 18 597Total imports from third countries 10 582 635 260 38 362 129 163 86 320 63 271 962 959 283 372 170 014 117 185 570 572 1 533 531Taxes less subsidies on products 4 598 66 135 17 346 76 874 81 898 93 482 340 333 742 770 180 117 6 318 929 205 1 269 538Total intermediate consumption/final use at purchasers' prices 205 755 4 787 947 1 060 653 2 412 907 2 108 873 1 258 968 11 835 104 9 204 513 2 461 051 1 543 288 13 208 852 25 043 956Compensation of employees 62 593 1 183 080 386 808 1 277 489 1 231 574 1 748 497 5 890 041Other net taxes on production - 20 638 121 883 30 927 133 121 124 299 142 051 531 642Consumption of fixed capital 19 726 197 842 25 797 163 027 435 521 147 093 989 005Operating surplus, net 114 440 561 192 216 091 610 283 1 212 077 281 014 2 995 097Operating surplus, gross 134 166 759 034 241 887 773 309 1 647 597 428 108 3 984 101Value added at basic prices 176 121 2 063 997 659 622 2 183 919 3 003 470 2 318 655 10 405 783Output at basic prices 381 876 6 851 944 1 720 275 4 596 826 5 112 343 3 577 624 22 240 888
Homogenous branches
WIOD meeting – Seville May 26th 2011
Consistency: EU27 SUIO Tables versus Macro economic aggregates
-1,4%
-1,2%
-1,0%
-0,8%
-0,6%
-0,4%
-0,2%
0,0%
0,2%
0,4%
2006 2005 2004 2003 2002 2001 2000
Final consumption expenditure (Use table) Gross capital formation (use table)Value added at basic prices (use table) Taxes less subsidies onproducts (use table)
WIOD meeting – Seville May 26th 2011
Next steps
Dissemination of EU27 and EA17 data via Eurostat database
Statistics in focus including environmental extension
Data 2000-2006 now available; 2007 by September
Nace rev 2: from year 2008 onwards – no backdata
WIOD meeting – Seville May 26th 2011
Supply Use Input-Output Table Super Tool
Comments, analysis : isabelle.remond-tiedrez@ec.europa.eu
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