Transcript Trade in goods and trade in services?

STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Do we need a new trade
classification and presentation
for goods and services?
OECD Statistics Directorate
STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Overview
A.
B.
C.
D.
E.
F.
Why a new classification/presentation?
Trade in goods
Trade in services (and goods)
Goods and services or trade in products
Problem areas
Possible structure of a new trade classification or
presentation
G. Benefits
H. Conclusions/suggestions
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STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Trade in goods and trade in services?
but never the two really meet…
A. Trade in goods described by HS 2007 and SITC rev
4 – physical movement of goods cross frontiers
B. Trade in services – BOP/EBOPS 2010 – resident
non-resident transactions – goods is “general
merchandise”
C. The detail is in one (IMTS for goods) or the other
(BOP for services) but not both
3
STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Goods and services together
A. Central Product Classification version 2
B. CPC classifies all transactable products
C. Movable goods CPC 0-4 mainly related to HS
D. Other products CPC 5-9
E. Structure not helpful for trade or production
F. Goods and service products are difficult to separate
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STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Problem areas
• Trade and BOP relate to transactions not production
– E.g. distribution services
• Charges for the use of intellectual property
• Manufacturing services – need to keep commodity flow
information
• Information products
• Travel
• Potential big differences between conceptual and actual
product industry links especially for some services
• Exports relate better to production, imports to
consumption
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STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
What would a product presentation look like?
Maybe something like this…
ISIC Rev.4
Section/Code
A
B
C
C10-12
C13-18
C19-22
Description
Ag,forestry, fish
Mining oil and gas
Manufacturing
Food,drink, tobacco
Textiles, leather & wood
products
Petroleum, chemicals,
pharma, plastics
Trade in goods
HS and EBOPS
HS adjusted
HS adjusted
HS adjusted
HS adjusted
HS adjusted
Trade in services
EBOPS and HS
Ag,forestry, fish serv
Mining Oil & Gas services
Manufacturing services with HS
Manufacturing services with HS
Manufacturing services with HS
HS adjusted
Manufacturing services with HS
6
STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Contd..
ISIC Rev.4
Section/Code Description
C24,25,28
Metal & machinery
products (exc ICT)
C26
ICT products
C29-30
Transport equipment
C33
Repair & installation
C15,23,27,31&32Other manufacruring
E
Water, sewage, waste
treatment
Trade in goods
Trade in services
HS and EBOPS
EBOPS and HS
HS adjusted
Manufacturing services with HS
HS adjusted
HS adjusted
HS adjusted
HS adjusted
HS adjusted
Manufacturing services with HS
Manufacturing services with HS
Repair and maintenance nie
Manufacturing services with HS
Waste treatment and depollution
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STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Contd…
ISIC Rev.4
Section/Code Description
D
Electricity gas
G
Distribution
F
I
H
J
Construction
Hotels, Restaurants
Transport
Information sector,
telecoms and IT services
Trade in goods
Trade in services
HS and EBOPS
EBOPS and HS
HS adjusted
Elec transmission, pipeline
services
HS with estimates, Trade related services
merchanting
HS adjusted
Construction services
Travel part
Transport
Telecoms, comp and information
services; audiovisual PCR
8
STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Contd…. etc
K part
K part
N77
M72
M69-70
M71,74-75
N78-82
Financial
Insurance
Operational leasing of
equipment and produced
intangible assets
R&D
Professional,
Management
Scientific and technical
Other business support
services
Financial
Insurance
Operational leasing and charges
for use of intellectual property
R&D
Legal, accounting, management
Architecture, engineering,
technical
Other business services other
9
STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Benefits
• Would give us a common language and with production
statisticians but it would need refining
• If a useful idea, another version could be developed using
ISIC 3, HS2002, and EBOPS2002 for immediate use
• Use building blocks that fit into trade data sources and
relate closely to input-output perspectives
• Bring integration of trade data and estimation that is done at
the I-O stage in SNA into trade area in transparent way
• Over time would help give a more complete view of trade
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STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Conclusions and suggestions
• split into goods and services has become progressively more
problematic
• While data are needed separately, need to find a way of considering
trade in products altogether - for trade, production, and I_O analysis.
• Propose new classification/presentation of trade in goods and
services
• Pilot exercise to produce estimated data from existing data sources,
with any necessary adjustments made explicit.
• Review measurement of trade in goods and services through
enterprise surveys - consider business register links to activity
codes– facilitate estimation of alternative views of trade.
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STD/PASS/TAGS
STD/SES/TAGS – –Trade
Tradeand
andGlobalisation
GlobalisationStatistics
Statistics
Questions for discussion
• Is this alternative presentation or classification of trade in goods and
services worth researching further?
• Given that implementation of BPM6 may take some years, should
presentation be researched also in terms of current classifications
ISIC Rev.3, CPC Ver. 1.1 and BPM5?
• Should it be aligned with supply-use and input-output work in 2008
SNA? In what way?
• Any other comments or suggestions?
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