This article highlights the efforts that have been carried out, at the European Union level and in particular in Portugal, to add a new domain to the more traditional regional accounts, a domain which concerns the institutional sector of general government. The regional accounts of the general government aim at quantifying the impact of the regional policy, understood in the broad sense as the
... [Show full abstract] effect of the whole of the general government activity over the regions, that is felt in four different ways: on the regional production; on the investment; on the distribution of income; and on the wealth of the other institutional sectors. The impact on the regions' income results either of the production activity pursued by general government, or through the pure redistribution of income operated by that sector. The paper includes two appendices that enclose the results obtained for Portugal, and the main regionalising procedures and sources.
