Chapter 7.A: 28 EU members

This update of the European Union GTAP (EU-GTAP) Input-Output Tables has been carried out by the European Commission to produce a set of Input-Output Tables (IOTs) and Taxes less Subsidies on Products matrices for the 28 Member States for the reference year 2010 under the new European System of Accounts methodology (ESA10, complying with UN SNA08) and in compliance with GTAP submission requirements (Huff, McDougall and Walmsley, 2000). The new EU-GTAP conversion method allows the transformation of the Eurostat’s Input-Output Tables and Taxes less Subsidies on Products (TLS) tables from NACE Rev.2/ISIC Rev.4 into the GTAP sectorial classification by means of several steps. The resulting tables fully comply with Eurostat aggregates and subtotals at a certain common level of aggregation as well as with other official statistics on gross output, value added and foreign trade statistics. Complementarily, this work also developed a decomposition process of the TLS matrices into: value added tax, excises, other taxes on products (excluding import tariffs and excises), import tariffs and subsidies on products, in GTAP format.