Decision 1995/309 - 95/309/EC, Euratom: Commission Decision of 18 July 1995 specifying the principles for estimating dwelling services for the purpose of implementing Article 1 of Council Directive 89/130/EEC, Euratom on the harmonization of the compilation of gross national product at market prices - Main contents

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95/309/EC, Euratom: Commission Decision of 18 July 1995 specifying the principles for estimating dwelling services for the purpose of implementing Article 1 of Council Directive 89/130/EEC, Euratom on the harmonization of the compilation of gross national product at market prices

Official Journal L 186 , 05/08/1995 P. 0059 - 0069

COMMISSION DECISION of 18 July 1995 specifying the principles for estimating dwelling services for the purpose of implementing Article 1 of Council Directive 89/130/EEC, Euratom on the harmonization of the compilation of gross national product at market prices (Text with EEA relevance) (95/309/EC, Euratom)

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to the Treaty establishing the European Atomic Energy Community,

Having regard to Council Directive 89/130/EEC, Euratom of 13 February 1989 on the harmonization of the compilation of gross national product at market prices (1) and in particular Article 1 thereof,

Whereas for the purpose of the definition of gross national product at market prices (GNPmp) pursuant to Article 1 of Directive 89/130/EEC, Euratom, it is necessary to clarify the principles for the estimation of dwelling services as used for the purpose of the European System of Integrated Economic Accounts;

Whereas the measures provided for in this Decision are in accordance with the opinion of the Committee established by Article 6 of Directive 89/130/EEC, Euratom,

HAS ADOPTED THIS DECISION:

Article 1

For the purpose of the implementation of Article 1 of Directive 89/130/EEC, Euratom, the following principles for the estimation of dwelling services shall be applied:

(a) to compile the output of dwelling services Member States shall apply the stratification method based on actual rents;

(b) Member States shall use tabular analyses or statistical techniques to derive significant stratification criteria;

(c) the actual rent shall be understood as the rent due for the right to use an unfurnished dwelling;

(d) to compile imputed rents, actual rents from all contracts shall be exploited relating to privately-owned dwellings;

(e) in countries where the privately rented sector is small, the corresponding level of rent in the private sector may be obtained either using increased (public) rents or, in justified exceptional cases, employing other objective methods like the user-cost method;

(f) rents for furnished dwellings may similarly be used to enlarge the basis for imputed rents if scaled down to exclude the payment for the use of the furniture;

(g) Member States should extrapolate a given base year figure using appropriate quantity, price and quality indicators.

The specification of the principles for the estimation of dwelling services is contained in the attached Annex.

Article 2

For the years 1988 onwards, the estimation of dwelling services, in accordance with the principles set out in the Annex, are to be submitted to the Commission (Eurostat) no later than 30 September 1996.

Article 3

This Decision is addressed to the Member States.

Done at Brussels, 18 July 1995.

For the Commission

Yves-Thibault DE SILGUY

Member of the Commission

• (1) 

  OJ No L 49, 21. 2. 1989, p. 26.

ANNEX

For the purpose of the implementation of Article 1 of Directive 89/130/EEC, Euratom, the following points aim to clarify the principles for the estimation of output, intermediate consumption and transactions with the rest of the world, regarding dwelling services.

• 1. 

  OUTPUT OF DWELLING SERVICES

1.1. Basic Method

In national accounts, by convention, the output of housing services comprises not only the services produced by rented dwellings but also those provided by owner-occupied dwellings. With regard to the valuation of output of housing services, the European System of Integrated Economic Accounts (ESA) stipulates in paragraph...

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