Select Committee on European Scrutiny Eleventh Report


ANNEX — SELECTED INDICATORS

General economic background indicators General economic background indicators to be developed
a.  GDP per capita (in PPS) and real GDP growth rate
b.  Energy intensity of the economy
c.  Labour productivity (per person employed and per hour worked
d.  Inflation rate
e.  Cyclically adjusted budget balance
a.  Potential output
b.  Total factor productivity


List of 27 indicators List of 11 indicators
I.  Employment
1.  Employment rate
2.  Female employment rate
3.  Employment rate of older workers
4.  Unemployment rate
5.  Long-term unemployment rate
6.  Tax rate on low-wage earners
7.  Life-long learning (adult participation in education and training)
I.  Employment
1.  Long-term unemployment flow
2.  Quality of work
3.  Vacancies
4.  Marginal effective tax rate
II.  Innovation and research
1.  Public expenditure on education
2.  R&D expenditure
3.  ICT expenditure
4.  Unemployment rate
5.  Long-term unemployment rate
6.  Tax rate on low-wage earners
7.  Life-long learning (adult participation in education and training)
II.  Innovation and research
5.  Public and private expenditure on human resources
6.  Business demography
7.  E-commerce
III.  Economic Reform
1.  Trade integration
2.  Relative price levels and price convergence
3.  Prices in network industries
4.  Public procurement
5.  Sectoral and ad hoc State aids
6.  Cross-border banking penetration
7.  Capital raised on stock markets
III.  Economic Reform
8.  Company registration
9.  Regulatory environment
10.  Number of operators in network industries
11.  Cost of capital
IV.  Social Cohesion
1.  Distribution of income (income quintile ratio)
2.  Poverty rate before and after social transfers
3.  Persistence of poverty
4.  Jobless households
5.  Regional cohesion (variation in GDP per capita in PPS across regions)
6.  Early school-leavers not in further education or training
IV.  Social Cohesion
Indicators will be developed by the High Level Group on Social Protection




 
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Prepared 17 January 2002