Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often interpreted as an indicator for (economic) well-being, it first and foremost monitors economic activity, and falls short of reflecting broader measures which try to capture...

The Eurostat-JRC project "Full International and Global Accounts for Research in Input-Output Analysis" (FIGARO) has produced experimental EU inter-country supply, use and input-output tables for the year 2010 in line with ESA 2010 methodology (3). This paper uses FIGARO tables to analyse the...

This paper is an attempt to contribute to the discussion of research and development (R&D) capitalisation in the system of national accounts. The paper first spells out under which conditions knowledge creation truly leads to fixed assets in the national accounts sense. As a next step, R&D...

The origins of national accounting can be traced back to the 17th century. However, modern national accounts have largely developed since the late 1940s, although some initial forays commenced a couple of decades earlier. The three most important standards for the economic accounts are those for...

As the COVID-19 pandemic hit EU countries, the economic impact rapidly became a second area of concern both for politicians and for citizens. The release of quarterly national accounts aggregates, which give an integrated picture of the economic situation, was eagerly anticipated by users of...

The need for statistics on pensions is increasing as populations age and the choice of available pension schemes widens in many European Union (EU) Member States. As a response to this need, statistical authorities in the EU have been compiling a snapshot of future pensions (accrued...

When considering issues of measuring welfare beyond gross domestic product (GDP), a key ongoing, but unfinished, agenda concerns how to measure the outputs of goods and services which are "free at the point of delivery". Public services such as schools and health services are major examples of...

Choice experiments show that individuals attribute significant value to digitally-enabled services such as social media. We integrate this consumer value into an accounting framework by treating it as the value of own-account production by households of a particular type of leisure services....

Switzerland is home to numerous international sports organisations and federations. They represent a major measurement challenge for statisticians in Switzerland because of their cyclical and increasingly important revenues generated by the staging of major sports events. By influencing Swiss...

Since the adoption of new methodological standards for European national accounts and balance of payments (BoP) statistics in 2014, both statistical domains should be directly comparable and fully consistent. The latter implies that data elements that describe the same economic phenomena related...