Quantification of industries and products Desk research Quantification of industries and products

Quantification – industry classifications Purpose: Define and describe economic (industrial) activities Types of data: Numbers of companies within an industry Key figures for the company / the industry

Quantification – industry classifications A simple rule: The more classification digits, the more detailed description World scale (UN)   ISIC 2 digits EU scale NACE 4 digits National version of the NACE: USA, Canada, Mexico  NAICS 6 digits National version of the NACE: Denmark DB07 Unofficial versions:  NavneNumreErhverv  Kompass    Fagrubrikker Kompass Classification  Subjects headings  2-7 digits

Quantification – product classifications Purpose: Define and describe products and services for a variety of purposes – ie. Customs, trade, logistics, value … Types of data: Amount or value of products/services

Quantification – product classifications A simple rule: The more classification digits, the more detailed description Global scale (UN)   SITC CPC 4-5 digits 5 digits Global scale (WTO) GATS (services) 2 digits EU scale Combined Nomenclature (CN) 8-10 digits National version: US Schedule B Export classification code 10 digits

Quantification – information sources Industry / company data: ORBIS database (global company data) Library webpage > Resources Single user sign on – contact library for individual password

Quantification – information sources Product / services data: National statistics or international organizations’ statistical offices List: www.dst.dk > International (Danish site only) National statistics: Almost same thematic structure, but different levels of information International organizations: Specialized thematic statistics

Quantification – analyzing & comparing data Industries: ‘Easy’ – comparable classifications codes Market size/market supply: Production + import - export Different levels in codes (comparison charts can be found online) Accurate product terms are needed for accurate data Different levels in statistical information (from country to country) Industry & production classification: APPLES & PEARS