Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/154649
Authors: 
Wieland, Elisabeth
Kavonius, Ilja Kristian
Year of Publication: 
2016
Series/Report no.: 
ECB Statistics Paper 14
Abstract: 
Integrated quarterly sector accounts (QSA) provide an analytical tool to understand the generation, allocation and use of income for all institutional sectors in the economy. They also provide a tool to analyse production from a sectoral point of view instead of an industry point of view. However, since QSA are published in current prices only, sectoral volume and price measures are lacking as an important toolkit for economic analysis and forecasting, notably in the case of gross value added. This paper introduces a methodology to estimate sectoral price and volume measures for euro area value added at a quarterly frequency and provides a comparison of alternative estimation methods. It presents a benchmark method which yields robust estimates of sectoral volumes and prices in the euro area.
Subjects: 
institutional sector
national accounts
price
production account
value added
volume
JEL: 
C33
C82
E01
E30
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-2344-6
Document Type: 
Working Paper
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