Real Growth Rates of Regional GDP Andreas Krüger June 1997 Amsterdam Treaty andreas.krueger@cec.eu.int

Content of my talk Background Activities since the 2004 WG meeting NSIs calculating growth rates already Eurostat estimates Methodological issues Orientations for future work

Background Demand for regional growth rates Estimates by DG REGIO WG 2004 decision: Eurostat to enquire Eurostat to provide a first data set

Activities since 2004 WG meeting Nov. 2004: Survey of current practice of NSIs Jan. 2005: Data collection from 9 NSIs Feb. – April 2005: Eurostat estimates May 2005: NC Upload of data and map

NSIs calculating growth rates already MS Branches Regional prices? Publication? BE 120 No Yes CZ 17 DE 60 ES 24 Yes (A_B, F, services) FR 36 IT 30 Yes (A_B, NL 110 PT FI 138

Eurostat estimates Calculate regional structure in current prices for each group of branches Apply this structure to national GVA values in constant prices Result: Regional GVA values in constant prices Calculate growth rates

Methodological issues Issues: Branch detail, regional deflators NSI calculations: taking into account national situation Eurostat estimates: Same approach for all Consequence: Heterogeneous data set Minimum requirements?

Orientations for future work Data available to Eurostat is not very detailed More NSIs should calculate themselves Methodological improvements necessary: Number of branches Regional price information