the Need of Future Revisions with resources of the the National Statistical Offices By Robert P Parker Consultant on Federal Statistics Discussant Kirsten Wismer Statistics Denmark After ID: 500727
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Slide1
Balancing the Need of Future Revisions with resources of the the National Statistical Offices
By
Robert P. Parker, Consultant on Federal
Statistics
Discussant: Kirsten Wismer, Statistics DenmarkSlide2
After 2008 SNAInternational Comparability?Use of less than reliable source data?
Quality of the quarterly National
AccountsFundingNever good General tendency to reduce government spendingProcess for SNA 95 and 2008 SNA did not include cost and available dataUse of cost-benefit analysis to select new changesPurposeTo remain National Account data relevant and more consistent between countries
Background
2Slide3
Major priority for UNSCTimely and comprehensive implementationGoal is the complete SNA in all
countries
Efforts to follow up in the implementationUN Guidelines to monitor – results?UN-Friend of the chair concerning the 1993 SNA (2012)Limited political support and unavailability of basic economic statisticsISWGNA March 2015 NA-data in almost all member states but only 55% with a time lag of T-1Only 45% provide minimum data1993 SNA or 2008 SNA implemented
with conceptual compl. in 85
%A number of member states only partly introduced 2008 SNA
Missing implementation information on important changes
R&D is implemented widespread, but is very difficult to implementSplit between volume and prices, reliable source data and timelinessGoods sent abroad for processingNeed for new data - how does the countries implement this?
Implementation of 2008 SNA
3Slide4
Never good but it seems worseningExamples from USA, UK, Canada and AustraliaOfficial statistics and big data
?
Cost of implementation needs to be given more consideration in the future revisions of the SNAIn USA new data collections must be approved by the Office of Management and BudgetRequire a formal cost-benefit or regulatory impact analysisTo determine whether benefits justify the costsFunding of statistical programs
4Slide5
Partly included in the Research Agenda of the 2008 SNA How urgent and important to ensure that the SNA continues to stay relevant?
b
enefit for usersHow widespread are the consequences of change and how complicated will implementation be?costs of developing new estimatesIs the topic completely new or has much of the preparation for considering the item been completed?benefit of having existing estimates such as those prepared for a satellite account
Widespread consultation and involvement of both compilers and users
people with experience with the change provide advice on costs and benefits
But do not deal with issue of what constitutes implementation of a change
Are new data sources needed for the changeAnnualQuarterly
Necessary requirement for calculate the cost of a change
A cost-benefit analysis for SNA changes?
5Slide6
Expand reporting of the implementation of 2008 SNA on major changesTimeliness and reliability of the source dataEstimation methods of benchmarks, annual and quarterly
estimates – both current prices and volume
Identify changes from 2008 SNA or previous for example illegal production Have the implementation improved relevance? Have the implementation improves international comparability? Identify changes for rescission or move to a satellite accountNext SNA revisionsExpand reporting as under
first bullitBe more concrete in defining implementation - specify major changes and use key
aggregatesFurther SNA revisions
Conduct cost benefit analysis for each proposed changes
Used them to make the priority of wishesRecommendations
6Slide7
International comparability?EU: implementation by law, Eurostat follows upUN: do
we
lack a forum for those who have hands on regarding? Should it be an ongoing activity – and not only for the next SNA?Shall we develop a quality assessment system – and not only concentrate on the new changes - to help our users to understand the National Accounts data?More extensive use of satellite accounts –and consider elimination of parts that have not been well implemented.
How shall we explain that a more simple system will be a better tool in a more complicated world?
Will the core National Accounts stay relevant? I support your idea of taking new sources into
account
How shall we involve statisticians from other statistical subjects to discuss new changes in the NA? How can we secure that the speed on introducing new concepts will not be decided by the slowest country?
How compare cost and benefits world wide
?
Comments
7