The Estimation of Gross Value Added of Sole Proprietors for 2011 in Hungary

Ritzl-Kazimir, Ildikó (2014) The Estimation of Gross Value Added of Sole Proprietors for 2011 in Hungary. Hungarian Statistical Review, 91 (SN18). pp. 89-109. ISSN 0039-0690

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Abstract

The purpose of this paper is to demonstrate the new methodology for estimation of sole proprietors’ gross value added (GVA), introduced into the national accounts in 2011. The initiative for the development of the new methodology was that the outputs of previous methods do not harmonise with the system of supply and use tables. The GVA of sole proprietors is a significant contributor to the GVA of Hungary; it is therefore important to have detailed data on these activities. The developed estimation method takes into account the GVA based on administrative data, and the non-observed GVA is estimated in accordance with the Eurostat recommendation for the separate categories of the non-observed economy. 31% of sole proprietors’ GVA are calculated from administrative data sources, while 69% comprise the estimated non-observed activity in 2011 according to the developed model.

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