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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.
In this paper, the impact of a nuclear downtime and subsequent restart on wholesale electricity prices on the Belgian power exchange is investigated by means of a dual methodology. First, publicly available market data is used to construct a stable statistical model that is deployed to examine the effect of nuclear power generation variations on market price outcomes. Quantifying this phenomenon, also called the merit-order effect, with the aid of econometric methods translates into an esti-mated price decrease of around 10 €/MWh for a nuclear capacity hike of 2.5 GW. The importance and impact of the openness of the Belgian market, that is, its strong reliance on cross-border energy exchanges is highlighted. Next to this empirical evidence, the optimisation tool Crystal Super Grid is used to assess the impact of the resumed availability of the nuclear reactors on several indicators characterising the Belgian and European power landscape. A positive effect on overall welfare, consumer surplus and CO2 emissions can be noticed. As regards prices, this analysis confirms the negative merit-order effect which is calculated to equal, on average over a year, 3.8 €/MWh. Nevertheless, temporary hourly excesses of 30 €/MWh can occur. The paper then describes the possible causes of divergence between the two approaches.
Our findings have important policy implications as they demonstrate the need to take the downward influence of prolonged nuclear power generation on wholesale prices into consideration when revising the (timetable in the) nuclear phase-out law since it may have a delaying effect on the compulsory energy transition towards a low-carbon economy.
Working Papers - Working Paper 09-16 (en), (fr), (nl),
Reports - REP_11361 (mix),
Forecasts & Outlook - Economic outlook 2016-2017 (Sept) (fr), (nl),
The PLANET model, developed by the Federal Planning Bureau within the framework of a cooperation agreement with the Federal Public Service Mobility and Transport, makes it possible to calculate the long-term evolution of transport demand in Belgium. Transport demand includes both passenger and freight transport and is broken down by mode of transport. For rail transport, demand is projected assuming constant average speed on the network over the whole projection period. The PLANET model does not take into account railway infrastructure capacity; in other words, it assumes that the network will be able to cope with any increase in demand without affecting the quality of service. Since the utilisation rate of some lines is already very high, there was a need to extend the scope of analysis of PLANET to estimate the impact of the future railway demand on the network utilisation rate. That analysis, performed at a detailed spatial level (the rail sections), is useful and pertinent, particularly for rail operators and public authorities within the context of the railway investment plans.
Working Papers - Working Paper 08-16 (fr),
European Regulation 691/2011 obliges the member states of the European Union to deliver three environmental economic accounts as of 2013. The accounts concerned are the Environmental Taxes by Economic Activity (ETEA), the Air Emissions Accounts (AEA) and the Economy-Wide Material Flow Accounts (EW-MFA).
In this publication the National Accounts Institute presents the ETEA for the years 2010-2014.
Other publications - ETEA 2016 (fr), (nl),
In this publication the National Accounts Institute presents the AEA for the years 2010-2014.
Other publications - AEA 2016 (fr), (nl),
Reports - REP 11379 (mix),
Reports - REP 11301 (mix),
Other publications - FORVERG201601 (fr), (mix), (nl),
Forecasts & Outlook - OPHERMREG1601 (fr), (nl),
Social protection for the costs of long‐term care (LTC) varies widely between countries, and to date there has been no systematic comparison of the experiences of people with LTC needs in different countries. In response to this information gap, the OECD and the European Commission (EC) have established a project to make quantitative comparisons of social protection for LTC in OECD and EU countries, using the typical cases approach. Social protection encompasses both cash benefits, conditional on long‐term care needs, and long‐term care services offered at no or subsidized cost to the user. A data collection questionnaire has been distributed. This report describes how the data for Belgium have been collected. The following schemes are taken into account: the allowance for the assistance of the elderly; the allowances for incontinence and for the chronically ill; the Flemish care insurance; the sickness and invalidity insurance for home nursing care and care in institutions; home care (not nursing care), regulated and subsidized by regional governments; and service vouchers. The data refer to the year 2015.
Reports - REP_PROTSEC_16 (en),
This Working Paper presents a first assessment of the progress made by Belgium towards the 17 Sustainable Development Goals by 2030 adopted by the UN. This assessment was performed on the basis of 31 indicators derived from the sustainable development indicators database developed at the Federal Planning Bureau. This Working Paper also sets out the methodologies used to select these indicators and assess their evolution compared to their objective. This assessment shows that in many fields, additional efforts will be needed to reach the Sustainable Development Goals by 2030.
Working Papers - Working Paper 07-16 (fr), (nl),
Recent studies reveal the importance of entrants and young firms for job creation, productivity and economic growth. Some scholars argue that the falling rate at which new firms are established, can explain, to a certain extent, the productivity slowdown witnessed in most OECD countries. Belgium appears to stand out unfavourably from other countries in its very low start-up rate. This paper reviews the empirical cross-country evidence, provides some additional analysis of the role of young firms in industry-level employment and productivity dynamics in Belgium and concludes with a discussion of the implications for economic policy.
Working Papers - Working Paper 06-16 (en),
Forecasts & Outlook - Economic outlook 2016-2021 (fr), (mix), (nl),
Forecasts & Outlook - Economic outlook 2016-2017 (June)
Reports - REP_CEP4_11186 (mix),
This rapport was drafted at request by the Strategic Cell of the Ministry of Pensions. The first part discusses the regulatory framework concerned with regularisation of higher education years in each pension scheme. The second part describes the importance of regularised periods of study in the different pension schemes. The data used in the second part were provided by the pension institutions (Federale Pensioendienst, RSVZ).
Reports - RAPPORT_CEP6_11222 (mix),
This working paper presents two analytical applications based on the interregional input-output (IO) table for Belgium for the year 2010. The Federal Planning Bureau constructed this table in 2015 in cooperation with the statistical authorities of the country’s three Regions (IBSA, SVR and IWEPS). The following standard IO analyses based on applying the Leontief model to the interregional IO table are presented here: the derivation of multipliers for each region and the estimation of regional value added and regional employment generated by domestic final demand and exports.
Working Papers - Working Paper 05-16 (fr), (nl),
Reports - REP_CEP2_11081 (mix),
In the framework of the publication of its Economic Outlook for Belgium, the Federal Planning Bureau has estimated the potential growth and the output gap since 2003. This report presents a retrospective analysis of the properties of the short-term and long-term revisions of the potential growth and the output gap. A comparison with the results based on the EC estimations is also provided. This work falls within the legal tasks of the Institute of National Accounts in the field of forecast assessment.
Reports - OPREP201604 (fr),
Within the framework of the sixth state reform, part of the personal income tax has been regionalised. What’s more, in ESA2010, certain tax expenditures which were partly recorded as negative revenue in ESA95 are now recorded as general government expenditure. These changes motivate a revision of the personal income tax model which is used both for the short and medium term projections made by the FPB and for variant analyses. The new model makes a distinction between the "prepayment" tax (payroll tax and advance payments) and the "enrolment" tax (which fixes the amounts due under regional and local additional levies). It provides a better link to the macroeconomy and explicitly takes into account the schedule of tax enrolment.
Working Papers - Working Paper 04-16 (fr),
This report is an input to the preparation of the new Stability Programme and of the new National Reform Programme. It presents the key assumptions and the main results of the preliminary version of the “Economic Outlook 2016-2021”. The final version of the outlook will be published in May 2016.
Forecasts & Outlook - Economic outlook 2016-2021 - March 2016 (fr), (nl),
At the request of the steering committee of the Pension knowledge centre, an overview is provided of how strenuous work is taken into account in the pension legislation of some EU countries. There is no uniform approach to the concept of strenuous work in the different countries under investigation. Two major trends can be identified: a list of strenuous occupations in the older legislations and a list of objective criteria in the most recent legislations. In some cases, these criteria include also criteria of mental strain. With a few exceptions, all systems examined only apply to private sector workers.
Reports - OPREP201603 (mix),
The Federal Planning Bureau and Statistics Belgium have updated their demographic projections. Belgium’s population should grow by about 85,000 inhabitants both in 2016 and 2017. Half of this growth is due to the additional flow of refugees. However important, this population increase is not exceptional; such increases have already been recorded in recent years, for example between 2007 and 2011. Over the long term, the average population growth should reach 40,000 inhabitants a year between 2020 and 2060 (against 50,000 inhabitants over the 1991-2014 period).
Forecasts & Outlook - EFPOP1560 (fr), (nl),
Forecasts & Outlook - Economic outlook 2016 (fr), (nl),
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