Page Title


Dans un souci de transparence et d’information, le BFP publie régulièrement les méthodes et résultats de ses travaux. Les publications sont organisées en séries, entre autres, les perspectives, les working papers et planning papers. Certains rapports peuvent également être consultés ici, de même que les bulletins du Short Term Update publiés jusqu’en 2015. Une recherche par thématique, type de publication, auteur et année vous est proposée.

Documents (90)


  • Constructing productive ICT capital stock series for Belgium 13/11/2002

    We are grateful to our colleagues at the Federal Planning Bureau and to staff at the National Accounts Division of the National Bank of Belgium for their comments and suggestions. We also like to thank Marleen Keytsman for her help in preparing the document. All remaining errors are ours.

    In this paper, a methodology is proposed for the construction of ICT investment and capital stocks in Belgium. The series are obtained in nominal and in real terms and at macroeconomic as well as sector level. The ICT assets distinguished are IT equipment and communications equipment, leaving software out of the analysis. After calculation of investment expenditure on both assets, the expenditure is transformed into quality-adjusted volume terms by means of harmonised price indices derived from appropriate U.S. indices. Productive capital stocks are calculated by means of the perpetual inventory method, and rental prices of the ICT capital services are obtained as well.

    Working Papers - Working Paper 12-02  Publication(en),

  • Agglomération et dynamique des activités économiques dans les villes belges : Une approche spatiale et sectorielle 22/10/2002

    Le working paper présenté ici constitue la première partie d’une recherche financée par les SSTC ayant trait à l’impact des technologies de l’information et de la communication (TIC) sur l’agglomération géographique des activités économiques dans les villes en Belgique. L’étude comporte trois volets successifs: le premier dresse un état des lieux de l’agglomération géographique des activités économiques et des ménages, ainsi que de leur évolution récente. Le deuxième volet a trait à une analyse théorique et économétrique des déterminants de l’agglomération, faisant référence aux courants de l’économie urbaine et de la nouvelle économie géographique. Le dernier volet se penche sur les déterminants de la localisation des firmes relatives au secteur TIC.

    Working Papers - Working Paper 09-02  Publication(fr),

  • ICT contribution to economic performance in Belgium: preliminary evidence -revision of WP 7-02 08/10/2002

    The macroeconomic results presented here - as summarised in Table 2 - are based on ICT investment expenditure data that are compatible with the data of the 1995 input-output. As the level of the revised ICT investment expenditure is larger than the ICT investment expenditure used in WP 7-02, the results of the growth accounting exercise point to a somewhat larger contribution of ICT Capital accumulation to growth.

    Working Papers - Working Paper 08-02  Publication(en),

  • ICT contribution to economic performance in Belgium: preliminary evidence 22/07/2002

    In this paper, the impact of ICT on economic and productivity growth is investigated in the context of the Belgian economy. The analysis is conducted at aggregate and branch level. The impact of ICT on economic growth through productivity gains can be transmitted via three different channels, namely increase in the ICT capital available per worker (capital deepening), technical progress in the ICT producer sectors (TFP growth) and finally, technical progress in the ICT user sectors through spillover effects (TFP growth).

    Working Papers - Working Paper 07-02  Publication(en),

  • Production and diffusion of ICT in Belgium 15/01/2002

    Information and communication technology (ICT) has become a significant economic activity in most industrialized countries as well as an important engine of innovation and changes in the rest of the economy. It has been recognized as one of the key factors boosting productivity growth and hence business sector competitiveness. Various initiatives have been recently adopted at regional, national and European levels in order to meet quickly the new challenges of ICT use and diffusion in Europe. A growing number of indicators are now available in order to assess the position of each country or region in terms of ICT development and to guide policy decisions in that field. The aim of this report is to provide a clear and succinct view of the relative development of ICT in Belgium by analyzing both the production and the diffusion of ICT in our economy 1 and to highlight the main weaknesses and strengths of the Belgian economy in that area. Even if the sector has been recently characterised by stock markets ups and downs and numerous bankruptcies, production of ICT goods and services has contributed significantly during the nineties to the growth of economic activity and employment in some industrialised countries as for instance in Anglo-saxon and Scandinavian countries. Has Belgian economic activity benefited from the boom in the ICT sector to the same extent as other industrialised countries? What kind of development can be expected in the future? These are the main questions addressed in the part of the report devoted to the analysis of the Belgian ICT production sector.

    Working Papers - Working Paper 01-02  Publication(en),


  • STU 04-01 : Special Topic - ICT: passing fancy or radical innovation ? 13/11/2001

    During the past one and a half years, the world economy has been hit by a series of shocks, notably the large rise in oil prices, the abrupt slowing of growth in the United States (initiated by the bursting of the speculative bubble in the ICT sector) and the events of 11 September. This resulted in a synchronised slowdown in the three major economic regions (the United States, Japan and the European Union) and a pronounced downturn in world trade.

    It is obvious that Belgium, being a ‘small open economy’, cannot escape the prevailing slowdown in the world economy. The forecasts for all components of final demand have therefore been revised downwards for both 2001 and 2002 as compared to our July projections. Under these circumstances GDP would not exceed a growth rate of 1.1% this year and 1.3% in real terms next year. These average annual growth rates are based on slightly negative growth figures (quarter-on-quarter) during the second half of this year, while positive and steadily increasing quarterly growth rates should be recorded in 2002 due to a recovery in exports.

    Domestic demand should increase by only 1.1% both this year and next, while average growth over the last five years has amounted to 2.5%. Exports should suffer from slackening world demand in 2001, consequently growing by only 0.8%. In 2002 exports should accelerate and reach an average annual growth of 2.8%, which is much slower than in the second half of the 1990s.

    The uncertainties surrounding these forecasts in the present political and economic situation should not be underestimated. The scenario on which the present forecasts are based assumes that the loss of consumer and business confidence will be of short duration, implying that the US economy will recover quickly next year. The consequences of the terrorist attacks of 11 September and the military response to those attacks may, however, have a more prolonged impact on investors’ and consumers’ confidence. As a final remark, it has to be underlined that the economic forecasts published in this STU were finalised before Sabena was declared bankrupt.

    Séries clôturées - Short Term Update 04-01  Publication(en),






First page Previous page  4 de 4  Next page Last page
Please do not visit, its a trap for bots