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Publications

To promote transparency and provide information, the Federal Planning Bureau regularly publishes the methods and results of its works. The publications are organised in different series, such as Outlooks, Working Papers and Planning Papers. Some reports can be consulted here, along with the Short Term Update newsletters that were published until 2015. You can search our publications by theme, publication type, author and year.

Documents (373)

2018

  • Value chain integration of export-oriented and domestic market manufacturing firms - An analysis based on a heterogeneous input-output table for Belgium 26/09/2018

    For a finer analysis of competitiveness and value chain integration, this working paper presents a micro-data based breakdown of manufacturing industries in the 2010 Belgian supply-and-use and input-output tables into export-oriented and domestic market firms. The former are defined as those firms that export at least 25% of their turnover. Analyses based on the resulting export-heterogeneous IOT reveal differences between the two in terms of input structures and import behaviour: export-oriented manufacturers have lower value-added in output shares, and they import proportionally more of the intermediates they use. Moreover, exports of export-oriented manufacturers generate a substantial amount of value added in other Belgian firms, in particular providers of services. The policy implication of these results is that Belgium’s external competitiveness depends not only on exporters but also on firms that mainly serve the domestic market. To maximise the impact of export promotion in terms of domestically generated value added, the entire value chain for the production of exports must be taken into account.

    Working Papers - Working Paper 11-18  Publication(en),

  • Multiregional Population Projection Model at the EU level 08/06/2018

    This paper explores the possibility of building a multiregional migration model at the EU level based on Eurostat statistics on migration by country of previous and next residence, by country of birth or by citizenship. These statistics are used to build a consistent origin-destination matrix for the EU Member States. In this case, ’consistent’ means that the sum of all intra-EU movements should be equal to 0. This matrix is then used to compute migration rates between EU countries, which can be inserted into a multiregional population projection model.

    This paper shows that the currently available official statistics on migration flows can be used to build a multiregional migration model at the EU level.  Although more developments should be implemented to test and improve the model, it produces promising results.

    Working Papers - Working Paper 07-18  Publication(en),

  • Insights in a clean energy future for Belgium - Impact assessment of the 2030 Climate & Energy Framework 17/05/2018

    In October 2017, the Federal Planning Bureau published its three-yearly energy outlook describing the Belgian energy and emission projections under unchanged policy up to horizon 2050. That outlook demonstrates that we are drifting away from agreed targets and international agreements made to protect future societies from hazardous levels of climate change. That is why that outlook is complemented by this report that adopts a different perspective. This publication describes and analyses three alternative policy scenarios that are compatible both with the 2030 EU Climate and Energy Framework and with the roadmap for moving to a competitive low-carbon economy in 2050.

    Working Papers - Working Paper 05-18  Publication(en), Slides - Danielle Devogelaer & Dominique Gusbin (BFP - FPB)(en), Slides - Jos Delbeke (European Commission)(en), Slides - Peter Claes (Febeliec)(en),

  • Non-take-up of employers' social security contributions cuts: the case of the "first recruitments" measure 30/04/2018

    The ‘first recruitments’ measure aims at supporting job creation in new and small firms through a reduction in employers' social security contributions. However, part of the eligible employers does not claim this reduction. Using administrative data from the National Social Security Office, we seek to quantify this phenomenon, which may bias the intended effect of the measure, and to identify profiles of non-take-up.

    Working Papers - Working Paper 06-18  Publication(fr), Publicatie(nl),

  • Removing youth sub-minimum wage rates in Belgium: did it affect youth employment? 16/03/2018

    Between April 2013 and January 2015, youth sub-minimum wage rates were repealed in Belgium. We identify the impact of the reform by comparing outcomes before and after the withdrawal, across eligible and ineligible categories of young workers, and across abolishing and not abolishing joint committees. Our results show that the reform had a small positive impact on wages and on retention rates and a comparable but negative impact on accession rates.

    Working Papers - Working Paper 04-18  Publication(en),

  • Population projections 2016-2060 : sensitivity analyses, alternative scenarios and budgetary and social impact 05/02/2018

    This Working Paper analyses various alternative population projections. The first approach shows the impact of alternative future development scenarios for the population growth components. The effects of some of these scenarios on the development in social expenditure and the at-risk-of-poverty rate for pensioners are also analysed. The second approach consists in carrying out a sensitivity analysis of the population projection to some model parameters, in particular the observation periods selected to estimate trends.

    Working Papers - Working Paper 01-18  Publication(fr),

2017

  • Growth and Productivity in Belgium 17/10/2017

    The objective of the report is to provide an overview of the main drivers of economic growth and the productivity evolution in Belgium, in comparison with its three neighbouring countries and the US over 1970 and 2015. Recent evolutions, over 2000-2015, are analysed in details in order to shed light on the impact of the great recession. The growth accounting methodology is applied to explain labour productivity growth for the total economy, manufacturing and market services.

    Working Papers - Working Paper 11-17  Publication(en),

  • Accuracy assessment of the FPB medium-term outlooks - An update 30/09/2017

    This working paper provides an update of a study from 2007 in which the accuracy of the medium-term outlooks for the Belgian economy is assessed. The study is expanded with nine additional editions of the Economic Outlook covering a mixture of pre-crisis, crisis and post-crisis periods.

    In the framework of the Act of 28 February 2014 on the National Accounts Institute the Scientific Committee for the economic budget has taken note of this study and has issued an opinion on it.

    Working Papers - Working Paper 13-17  Publication(en), Publication(fr), Slideshow(mix), Avis du Comité scientifique - Advies van het Wetenschappelijk Comité(mix), Publicatie(nl),

  • Accuracy assessment of the FPB short-term forecasts - An update 29/09/2017

    The Federal Planning Bureau is responsible, within the National Accounts Institute, for producing the macroeconomic forecasts that are used to set up the federal government budget. This working paper presents an update of the ex post assessment of the quality of these forecasts. Compared to the previous working paper devoted to this topic, the sample has been extended by six additional years and the number of evaluated variables has been increased, in particular with series at current prices. Moreover, this paper also examines to what extent the observed forecast errors are due to errors made on exogenous assumptions related to the international environment.

    Working Papers - Working Paper 12-17  Publication(en), Publication(fr), Publicatie(nl), Slideshow(nl), Avis du Comité scientifique - Advies van het Wetenschappelijk Comité(mix),

  • Belgium’s Carbon Footprint - Calculations based on a national accounts consistent global multi-regional input-output table 28/09/2017

    The traditional attribution of responsibility for greenhouse gas (GHG) emissions to producing countries may be distorted by international trade flows as importing emission-intensive commodities contributes to reducing a country’s production-based emissions. This has motivated the calculation of carbon footprints that measure the amount of domestic and foreign GHG emissions (directly and indirectly) embodied in commodities intended for final consumption by a country’s residents. In this
    working paper, we present carbon footprint estimations for Belgium based on global multi-regional input-output (MRIO) tables that have been made consistent with detailed Belgian national accounts. According to our calculations, Belgium’s carbon footprint is substantially higher than its productionbased emissions, which means that Belgium is a net importer of GHG emissions. Moreover, our results show that consistency with detailed national accounts does matter for MRIO-based carbon footprint calculations, in particular for a small open economy like Belgium.

    Working Papers - Working Paper 10-17  Publication(en),

  • Reële herwaardering van de lonen via een puntenstelsel - Winnaars en verliezers bij recent gepensioneerden met een werknemerspensioen 19/09/2017

    The Commission for Pension Reform 2020-2040 proposed an adjusted pension system which calculates pensions based on collected points. An important aspect of that system implied that past wages should be adjusted on the basis of the average wage increase. This Working Paper investigates who will be the winners and the losers when this adjustment mechanism is introduced by means of a points system in the salaried workers' scheme, and why. We show that people with low pensions, low-skilled workers, tenants and women nowadays have certain career features which make sure that they gain more often from such an operation than people with high pensions, highly skilled workers, owners and men. This also underlines the importance of minimum schemes in the impact of such a reform.

    Working Papers - Working Paper 09-17  Publicatie(nl),

  • Modelling unobserved heterogeneity in distribution - Finite mixtures of the Johnson family of distributions 31/08/2017

    This paper proposes a new model to account for unobserved heterogeneity in empirical modelling. The model extends the well-known Finite Mixture (or Latent Class) Model by using the Johnson family of distributions for the component densities. Due to the great variety of distributional shapes that can be assumed by the Johnson family, the method does not impose the usual a priori assumptions regarding the type of densities that are mixed.

    Working Papers - Working Paper 14-17  Publication(en),

  • Vehicle stock modelling in long term projections - Survey of the literature 26/07/2017

    Transport models used for long-term projections should reflect the impact of shared, automated and electric mobility modes. The objective of the current paper is to derive lessons from the existing literature on vehicle ownership modelling to find options to further improve the PLANET model, which is used for projections of transport demand in Belgium.

    PLANET is already well equipped to represent the impacts of shared and automated cars on the opportunity cost of travel time, the load factors and the annual mileage of cars.

    Working Papers - Working Paper 08-17  Publication(en),

  • Tax Expenditure and the Cost of Labour Taxation - An application to company car taxation 28/06/2017

    The goal of this paper is to estimate the efficiency cost of one additional euro of revenue through the personal income tax system, considering its simultaneous effects on the labour market and the transport market. More precisely, we seek to derive estimates of the Marginal Excess Burden of marginal personal income tax rates in Belgium considering the subsidization of company cars. We find that taking into account of welfare losses in the transport market adds 5-7 cents to the welfare cost of an additional euro of tax revenue, compared to models that consider only the effects on the labour market. The cost of raising the top marginal tax rate rises by 28% to 58% depending on the model assumptions. As an aside, we estimate tax expenditure on the transport sector via the personal income tax system to be 1.9 billion euro. We conclude that there is scope for welfare improving by base broadening and rate cutting. The framework is applied to analyse the merits of cash-for-car proposals.

    Working Papers - Working Paper 07-17  Publication(en),

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