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Update and Review of Regional Household Accounts Methodology
A broad overview of both the methodological and system changes that have occurred since October 1999.
National Statistics will shortly publish estimates of Regional Household Income for the years 1990 to 1998, consistent with National Accounts Blue Book 1999 control totals. As part of an ongoing methodological review, and the updating of the Regional Accounts productions systems, the processes used to calculate a number of regional components have been reviewed and updated. This article provides a broad overview of both the methodological and system changes that have occurred.
The European System of Accounts 1995 (ESA95) was implemented at the national level in 1998. The ESA95 principles were extended to the Regional Household Sector Accounts published in October last year, based on Blue Book 1998 controls. The processes used to calculate a number of the regional components have been reviewed and updated. The article provides a broad overview of both the methodological and system changes that have occurred since Household Income estimates were last published, in the October 1999 edition of Economic Trends.