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WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables 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.)

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Page 1: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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.)

Page 2: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 3: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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.

Page 4: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 5: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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)

Page 6: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 7: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 8: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 9: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 10: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 11: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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)

Page 12: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 13: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 14: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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)

Page 15: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

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

Page 16: WIOD meeting – Sevilla May 26th 2011 Session 6 A consolidated European Union and Euro Area supply-use system and input-output tables Eurostat, Unit C2,

WIOD meeting – Seville May 26th 2011

Supply Use Input-Output Table Super Tool

Comments, analysis : [email protected]