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(Chris Devlin) #1
Table1 - Expenditure of GG by function and main economic categories

TRANSA
CTION

Gross
capital
formation

Acquisitio
ns less
disposals
of non-
financial
non-
produced
assets

Compensa
tion of
employees

Subsidies Property income

Social
benefits other
than social
transfers in
kind and
social
transfers in
kind related to
expenditure
on products
supplied to
households
via market
producers,
payable

Intermedia
te
consumpti
on

Other taxes
on
production +
Current
taxes on
income,
wealth, etc.+
Adjustment
for the
change in
net equity of
households
in pension
funds
reserves

Other
current
transfers

Capital
transfers

Total
expenditure

Final
consumptio
n
expenditur
e

COFOG

Transactio
n /
COFOG
Code

TRP5 TRK2 TRD1 TRD3 TRD4

TRD62+
TRD6311+TR
D63121+
TRD63131

TRP2

TRD29+
TRD5+
TRD8

TRD7 TRD9 TRTE TRP3
General public
services CG010 xxxxxxxxxxxx
Defence CG02 0 xxxxxxxxxxxx
Public order and
safety CG030 xxxxxxxxxxxx

Economic affairs CG04 (^0) xxxxxxxxxxxx
Environment
protection CG050 xxxxxxxxxxxx
Housing and
community amenities CG060 xxxxxxxxxxxx
Health CG070 xxxxxxxxxxxx
Recreation, culture
and religion CG080 xxxxxxxxxxxx
Education CG09 0 xxxxxxxxxxxx
Social protection CG10 0 xxxxxxxxxxxx
Total TCG xxxxxxxxxxxx


But if this is the planet, what are the satellites?

A first category of extension is internal to the core itself. It is related to the need to expand the analysis
both by function and by economic category. In principle, this type of extension might not require any
substantial additional effort by national accounts compilers in European countries, provided that the
national database is sufficiently analytic.


A deeper analysis by function implies considering second level of the COFOG classification in those
cases which are relevant for the quality analysis. Table 2 shows the proposed level 2 breakdown.

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