Improving the Quality of Regional Economic Indicators in the UK: A Framework for Interregional Trade Data Collection and Estimation

Mairi Spowage and Sharada Davidson

No ESCOE-TR-13, Economic Statistics Centre of Excellence (ESCoE) Technical Reports from Economic Statistics Centre of Excellence (ESCoE)

Abstract: The UK's departure from the EU as well as increased devolution have heightened the policy requirement for data on interregional trade. This paper develops a framework for interregional trade data collection and estimation in the UK by: (i) reviewing the academic literature and current international practise, (ii) contrasting the trade surveys currently deployed by the four nations of the UK, (iii) undertaking a series of webinars and interviews to explore businesses’ perceptions of trade surveys and (iv) illustrating how interregional trade statistics consistent with the national accounts can be constructed. We provide a number of recommendations for collecting interregional trade data including the introduction of a new survey or survey questions to capture trade flows between England and the remaining three nations of the UK.

Keywords: interregional trade flows; origin destination data; regional supply use tables; trade surveys (search for similar items in EconPapers)
JEL-codes: C83 F15 F17 R12 (search for similar items in EconPapers)
Date: 2021-12
New Economics Papers: this item is included in nep-geo
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Citations: View citations in EconPapers (2)

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