Nordic meeting for trade in goods and services 16-18 September, Thorshavn, Far Oe Ger Stam 28th of August 2014 Transition to BPM6: the Dutch case.

Slides:



Advertisements
Similar presentations
Offshore outsourcing of production – the problem of fabless enterprises.
Advertisements

1st Meeting of the Working Party on International Trade in Goods and Trade in Services Statistics - September 2008 Australia's experience (so far) in.
Statistical Issues in Measuring Poverty from Non-Survey Sources NATIONAL ACCOUNTS UNSD/NA/MR1 UN STATISTICS DIVISION Economic Statistics Branch National.
1 BPM5  BPM6 / Global production: processing and merchanting Norway’s experience so far Norway’s experience so far Per Øivind Grindalen Tore Halvorsen.
PRIME MINISTRY REPUBLIC OF TURKEY TURKISH STATISTICAL INSTITUTE TurkStat NATIONAL ACCOUNTS IN TURKEY 1 TurkStat.
Census and Statistics Department Hong Kong, China 1 Implementation of the New Statistical Standards for Goods for Processing and Merchanting in Hong Kong,
Department of National Accounts TURKISH STATISTICAL INSTITUTE (TurkStat) Workshop on the Implementation of the SNA-2008 in EECCA Countries and Linkages.
Enhancing U.S. Statistics on Trade in Services Maria Borga U.S. Bureau of Economic Analysis September 14, 2010.
1 Problems of measurement and analysis in the national accounts under rapidly growing globalization. Soli Peleg Central Bureau of Statistics, Israel.
COUNTRY PRESENTATION – SINGAPORE INTERNATIONAL WORKSHOP ON INDUSTRIAL STATISTICS BEIJING, CHINA 8-10 JULY 2013.
Balance of Payments Collection and Compilation 23 Feb 2012 Central Statistics Office Ireland.
НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ Transition to BPM6: Case of Ukraine National Bank of Ukraine National Bank of Ukraine.
Estimating Travel Account in the BOP of Suriname Regional Workshop on Tourism Statistics and Tourism Satellite Account 2 – 4 Dec 2014, Ankara Shared Boejhawan.
Session IIa: Selected Measurement Issues: Some Current Account Issues Papers by: Hong Kong SAR (HK); Hungary (HU); EuroStat (EU)
Multinational Enterprises Practical issues. The reason for -Measurability problems -Inconsistencies in source statistics -Need for guidelines.
African Centre for Statistics United Nations Economic Commission for Africa Chapter 6: Chapter 6: Data Sources for Compiling SUT Ramesh KOLLI Senior Advisor.
Reconciling merchandise trade statistics and Balance of Payments: the recommendations of the Task Force BoP/FTS Item 13 of the Agenda Document STD/SES/WPTGS(2008)23.
Improving the Design of UK Business Surveys Gareth James Methodology Directorate UK Office for National Statistics.
UNSD/ International Trade Statistics Section 1 Case study 5: Insurance services, Financial services and Other business services Workshop on Statistics.
Copyright 2010, The World Bank Group. All Rights Reserved. International trade in services Demarcation of the domain 1 Business Statistics and Registers.
Implementation of BPM6 in Turkey Yeşim Şişik Central Bank of the Republic of Turkey The Workshop on the Implementation of the 2008 SNA and linkages with.
Implications of the new treatment of goods for processing in the supply and use tables Discussion Joint UNECE/Eurostat/OECD Meeting on National Accounts.
1 Measuring International Trade in Services 2 OUTLINE OF PRESENTATION Introduction Introduction - Legal Framework - Balance of Payments (BOP) Compilation.
BPM6—Update on Revision and Implementation Strategies Meeting of the OECD Working Party on International Trade in Goods and Trade in Services Statistics.
1 COMPILING QGDP OF THE SERVICES SECTOR ACTIVITIES - DATA SOURCES AND METHODOLOGY Ramesh Kolli Additional Director General Central Statistical Organisation,
General structure of the FATS Survey  Main recommendations: 1.Manual on Statistics of International Trade in Services 2.Handbook of Economic Globalisation.
BPM6—Update on Revision and Implementation Strategies Meeting of the Working Party on International Trade in Goods and Trade in Services Statistics September.
Implementation of the 2008 System of National Accounts in Azerbaijan and some challenges of FISIM estimation Author: Nuru Suleymanov State Statistics Committee.
Regional Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics Leyla BAYRAK NEVES DE ALMEIDA September.
Implementation of the new recommendations of IMTS 2010 and MSITS 2010 in Hungary Challenges Anita Bány Hungarian Central Statistical Office Foreign Trade.
United Nations Economic Commission for Europe Statistical Division PPI and XMPI Compilation Seminar on challenges in economic Statistics Tehran, Iran November.
Brazil’s Overall Trade in Services Compilation Strategy W orkshop on Statistics of International Trade in Services Panamá, September 13-16, 2005 Banco.
Eurostat Balance of Payments recent methodological changes (including euro banknotes) ESTP course - MIP Luxembourg 1-3 December 2015 Olaf Nowak.
TIS Stats Norwegian adjustments to MSITS Global Forum on Trade Statistics Geneva – Switzerland 02 – 04 Feb 2011 Country perspective on adjusting.
1 The United States Experience in Collecting FATS Anne Flatness U.S. Bureau of Economic Analysis 2008 APEC Capacity Building Seminar-Workshop on the Measurement.
Balance of Payments Working Group November 2012 Eurostat Task Force on Goods sent abroad for processing Document BP/12/43 Item14 of the agenda Luxembourg,
1 StatNorway BoP Ukrain okt NORWEGIAN BALANCE OF PAYMENTS STATISTICS Division for national accounts 28 persons Majority economists.
B A N C O C E N T R A L D E C H I L E 1 Chilean experience regarding Trade in Services compilation and current developments Balance of Payments and External.
STATISTICS DEPARTMENT ES TRANSITION FROM THE ITRS TO THE NEW ITS SURVEY FOR THE COLLECTION OF OTHER SERVICES BOP DATA: LAST DEVELOPMENTS AND FUTURE CHALLENGES.
FINANCIAL ACCOUNTS IN SLOVENIA Skopje, October 2013 Matjaž Noč.
Statistics & Economic Research Department - External Sector Section June 3, 2011 MEDSTAT III External Trade and Balance of Payments June 7-10, Rome,
Foreign Direct Investment Georg Andersson Balance of Payments and Financial Market Statistics unit Statistic Sweden.
Annual GDP Estimates by Production and Income Approaches in China Jin Hong Department of National Accounts-NBS Nov.30, 2009.
African Centre for Statistics United Nations Economic Commission for Africa Expert Group Meeting: to review “Handbook on Supply and Use Table, Compilation,Application,and.
Measuring Trade in Services
REPUBLIC OF SEYCHELLES
CARICOM TRADE IN SERVICES STATISTICS (CTIS)PROJECT June-December 2016
A CONCERTED APPROACH TO IMPROVING THE MEASUREMENT OF INTERNATIONAL TRADE IN SERVICES STATISTICS IN SAINT LUCIA RICHARD K. HARRIS.
Goods for processing and merchanting
SUTs – data sources and bridge tables
THE BAHAMAS COUNTRY PRESENTATION
Quality Aspects and Approaches in Business Statistics
Finland: Compiling merchanting according to BPM6
Canada’s trade in services by industry
A SUMMARY NOTE ON REVISED GDP ESTIMATES
Luxembourg, December 12th 2014
Monitoring of sources for NA purposes
Item 8a: Globalisation, Goods for processing and Quasi-transit trade
Reconciling merchandise trade statistics and Balance of Payments: the recommendations of the Task Force BoP/FTS Item 13 of the Agenda Document STD/SES/WPTGS(2008)23.
Item 7: Imports and Exports
SUTs – data sources and bridge tables
Item 7: Imports and Exports
Goods sent abroad for processing manual
Final expenditure Marcel Pommée.
ESTP Course Balance of Payments – Introductory course
MANUFACTURING SERVICES ON INPUTS OWNED BY OTHERS
ESTP Course Balance of Payments – Introductory course
Final expenditure Leo Hiemstra.
Goods sent abroad for processing and merchanting in the Norwegian national accounts Jeanette Øynes.
IGA-project : Global Production Data Sources and Adjustments
Presentation transcript:

Nordic meeting for trade in goods and services September, Thorshavn, Far Oe Ger Stam 28th of August 2014 Transition to BPM6: the Dutch case

Outline BPM6 transition SN –Who involved, how organized? –ITGS issues: relative modest change –ITSS issues: drastic change ‐Improved and altered processes in-, through- and output (big bang) –Actual issues 2

3 Who involved, how organized? –Steering group National accounts, Central Bank, ITGS and ITSS: ESA2010 & BPM6, resulting in co-operation on various data processes –Revision NA with new basic year 2010 –Project ITGS and ITSS (organisationally closer related within SN)

4 Who involved, how organized? –Project ITSS & ITGS ‐Comply with all relevant regulations for International Trade in Services (ITS) and International Trade in Goods (ITG) ‐Provide all stakeholders with the necessary information ‐Methodological improvements ‐ESA2010 already implemented in 2011 for the Structural Business Surveys and Balance-sheet Survey: consistency aimed with ITGS/ITSS for large enterprises

5 ITGS issues Data collection ITGS not fundamentally changed: –still based upon customs information and own questionnaire on goods crossing the border ESA2010/BPM6: corrections necessary for: goods crossing the border but no economic ownership transfer from/to NL goods not crossing the border but economic ownership transfer from/to NL

6 ITGS issues BPM6 urges for economic in stead of juridical ownership: –Goods sent abroad for processing ‐excluded from im- and exports ITGS –Production Abroad –production under foreign enterprise control in NL is not trade –Exports of goods previously imported / goods in quasi- transit

7 ITGS issues Altered ITGS data processes: –Goods procured in ports by carriers Import newly estimated Improved estimation method for export –Merchanting (incl. via customs warehouse ) Part of ITGS now Data collection by ITSS

8 ITSS issues Altered in-, through- and output processes: –Lot of new and changed ITSS items in BPM6 methodology –New survey sampling design SME (use of VAT-registration) –New questionnaire (design) –Abolishment X12-ARIMA estimations: replaced by own data collection or applying new external sources –Surveys of the Dutch Central Bank (SPE and MFI data)

9 ITSS issues Altered in-, through- and output processes: –Travel adapted for business travel, border & seasonal workers, health & education related travel etc. –CIF/FOB correction for ITGS maintained, but new approach ITSS for ‘FIT adjustment’ (Freight Insurance and Transport Adjustment) – Amendment ICT systems –New data dissemination scheme

ITSS issues: new & changed service items Changed or new ITSS items in BPM6 (some examples) –New classification for services of manufacturing services and maintenance & repair –The sales of research and development such as patents and copyrights: treated now as produced assets and included in services. –Financial services: ‐‘Financial Intermediation Services Indirectly Measured’ (FISIM) to be recorded as a service. Transactions between banks are removed, so lower values than before and ‘ Buying and selling spreads’ added. –‘Services between affiliated enterprises, n.i.e.’ removed 10

11 Checking source data Population data Annual ITS Business Register process Quarterly Streamlined ITS process ITS- loading and roughly checking Imputation Weighing and additional estimation SME Detailing Automatic process Primary source data LE and SME Secondary source data Macro-editing (tool: Macroview) ITS– loading and basic compilation Process Output Quarterly and annual ITS Output process Direct data collection SN External sources

12 ITSS issues ITS: questionnaires Changed questionnaire design : LE and SME: –Use 6-digit Eurostat codes for services –Service category descriptions –Switching board old/new services (for transition) –Questionnaire design SME –Communication SPE and MFI: –CB: adaption of questionnaires and explanations, including delineation of the enterprise population with SN

ITSS issues: SME sample design 13 Design of population and sample 2014: –Based upon the GBR: 1.4 mln enterprises –Gross selection enterprises detected from various sources (most important are): VAT services and merchanting 2013 q1-3 en 2012 q4 (in total enterprises!) International payments data 2013 q1-3 and 2012 q4 Positive response SME from year 2013 q 1-3 en 2012 q4

ITSS issues: SME sample design 14 Design of population and sample 2014: –Reduction of the gross selection by excluding probably fractional ITS-traders using various criteria (80% of the enterprises and only 6% of im- en export) –Net population frame: enterprises probably active in ITS (= sample frame)

ITSS issues: SME sample design ITSS Design of population and sample 2014: –Reduced number of 39 strata by aggregated combination: ‐SIC code of enterprise (19 groups) divided into 3 groups: Integral part of largest expected ITSS sized enterprises ( ≥ 10 mln. € im ports + exports, based upon VAT data and –if present- ITSS data or otherwise selected) Large expected ITSS sized enterprises (≥ 1 mln. € im ports + exports, based upon VAT data and –if present- ITSS data ) Other, expected smaller ITSS sized enterprises 15

ITSS issues: SME sample design ITSS Design of population and sample 2014: –Allocation SME (how many units are how sampled): ‐5 000 enterprises sampled (by use of Neyman allocation) out of almost enterprises (= net population) ‐mean sample ratio is 1 out of 10 enterprises ‐varies over strata from 1:1 (complete covered stratum) to 1: 47 (stratum ‘Trade (SIC code), small as for ITSS') 16

ITSS issues: synthetic estimations diminished Abolition ITSS X12-Arima estimations (time series estimations) –Financial services –Insurance services –Trade related services –Government services –Merchanting (now positive & negative exports of goods) –Major change for insurances services. Mix of SN & CB data of insurance companies for exports of all kinds of insurances. –Financial services will be mix of direct SN/CB data collection. Partly new synthetic estimation for ‘Buying & selling spreads’. 17

ITSS issues: IT systems adapted Three IT systems adapted (input, throughput, analysis) –Design and building changes in the system, by special (SN) IT department and related ITS business workers –Adjustment of the analysis tool Macro-view queries to the new classification. –Conversion of historical data in throughput system ( ) needed, esp. for editing purposes. 18

Actual issues –Further efforts needed for coherence between related ITGS and ITSS items –New levels of outcomes ITSS –Back-casting and publication ITSS Publication of NA, BoP, ITGS and ITSS on different moments and with different formats and content 19

Questions, remarks or suggestions? 20