Meeting the Challenge of Economic Measurement During the COVID-19 Pandemic Through Extended Use of Administrative VAT Data

Sophie Barrand, Ellis Daniel (), Sumit Dey-Chowdhury and Andrew Walton

No ESCOE-TR-11, Economic Statistics Centre of Excellence (ESCoE) Technical Reports from Economic Statistics Centre of Excellence (ESCoE)

Abstract: This research paper utilises HMRC Value Added Tax returns to explore the relationship between the firms' reported turnover and expenditure for a period affected by the COVID-19 pandemic. We have used these data to create a panel of 1.5 million responders and analysed how the relationship between firms' turnover and expenditure differs with the same period a year earlier. In this paper we present properties of our selected panel, provide analysis for selected industry groupings and describe the importance of this research for economic statistics transformation within the Office for National Statistics.

Keywords: administrative data; expenditure; gross value added; turnover (search for similar items in EconPapers)
JEL-codes: C00 C80 D22 (search for similar items in EconPapers)
Date: 2021-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://escoe-website.s3.amazonaws.com/wp-content/ ... 0649/ESCoE-TR-11.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nsr:escoet:escoe-tr-11

Access Statistics for this paper

More papers in Economic Statistics Centre of Excellence (ESCoE) Technical Reports from Economic Statistics Centre of Excellence (ESCoE) King's College London Strand London WC2R 2LS. Contact information at EDIRC.
Bibliographic data for series maintained by ESCoE Centre Manager ().