Regional GDP Compilation: Production, Income and Expediture Approach

Regional gross domestic product (GDP) per capita is one of the key indicators describing the level of regional economic disparities in individual countries. Besides it is used for international comparison as indicator for distribution of structural funds in the European Union. The aim of this articl...

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Main Authors: Jaroslav Kahoun, Jaroslav Sixta
Format: Article
Language:English
Published: Czech Statistical Office 2013-12-01
Series:Statistika: Statistics and Economy Journal
Subjects:
Online Access:https://www.czso.cz/documents/10180/23164307/180213q4024.pdf/8d88ad24-8d3a-4c93-ba05-94ce92d7bac3?version=1.0
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author Jaroslav Kahoun
Jaroslav Sixta
author_facet Jaroslav Kahoun
Jaroslav Sixta
author_sort Jaroslav Kahoun
collection DOAJ
description Regional gross domestic product (GDP) per capita is one of the key indicators describing the level of regional economic disparities in individual countries. Besides it is used for international comparison as indicator for distribution of structural funds in the European Union. The aim of this article is to analyse possible methods of regional allocation of GDP on the basis of existing rules within the EU and in the Czech Republic. The scale of rules allows application of different methods and offers more varieties of conceptual approaches to regional allocation of GDP. First of all either income or production method is used exclusively for each industry in dif­ferent countries differently, depending on data availability. Subsequently, possibility of expenditure approach is added. In cases of all methods there exist weaknesses, e.g. regional distribution of revenues or operating surpluses in cases of multi-regional companies and different methods of allocation mean a distinct regional view of overall economic performance.
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spelling doaj.art-f73f40e6780540a99f4606b6331a5e242022-12-22T03:17:47ZengCzech Statistical OfficeStatistika: Statistics and Economy Journal1804-87651804-87652013-12-019342436Regional GDP Compilation: Production, Income and Expediture ApproachJaroslav Kahoun0Jaroslav Sixta1Czech Statistical Office, Prague, Czech RepublicCzech Statistical Office, Prague, Czech RepublicRegional gross domestic product (GDP) per capita is one of the key indicators describing the level of regional economic disparities in individual countries. Besides it is used for international comparison as indicator for distribution of structural funds in the European Union. The aim of this article is to analyse possible methods of regional allocation of GDP on the basis of existing rules within the EU and in the Czech Republic. The scale of rules allows application of different methods and offers more varieties of conceptual approaches to regional allocation of GDP. First of all either income or production method is used exclusively for each industry in dif­ferent countries differently, depending on data availability. Subsequently, possibility of expenditure approach is added. In cases of all methods there exist weaknesses, e.g. regional distribution of revenues or operating surpluses in cases of multi-regional companies and different methods of allocation mean a distinct regional view of overall economic performance.https://www.czso.cz/documents/10180/23164307/180213q4024.pdf/8d88ad24-8d3a-4c93-ba05-94ce92d7bac3?version=1.0Regional accountsregional GDPgross value added
spellingShingle Jaroslav Kahoun
Jaroslav Sixta
Regional GDP Compilation: Production, Income and Expediture Approach
Statistika: Statistics and Economy Journal
Regional accounts
regional GDP
gross value added
title Regional GDP Compilation: Production, Income and Expediture Approach
title_full Regional GDP Compilation: Production, Income and Expediture Approach
title_fullStr Regional GDP Compilation: Production, Income and Expediture Approach
title_full_unstemmed Regional GDP Compilation: Production, Income and Expediture Approach
title_short Regional GDP Compilation: Production, Income and Expediture Approach
title_sort regional gdp compilation production income and expediture approach
topic Regional accounts
regional GDP
gross value added
url https://www.czso.cz/documents/10180/23164307/180213q4024.pdf/8d88ad24-8d3a-4c93-ba05-94ce92d7bac3?version=1.0
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