Transcript NATIONAL ACCOUNTS

THE SYSTEM OF SUPPLY AND
USE TABLES IN THE
NETHERLANDS
Marleen Verbruggen
Statistics Netherlands
Contents
1.
2.
3.
4.
5.
Dutch system of NA in general
Some features of the present SUT-system
Organisation and process
Benefits of SUT system
Future challenges and redesign of NA-system
1. Dutch system of NA in general
RA
SAM
Supply and use tables
Labour accounts
TSA
Sector accounts
NAMEA
2. Some features of the present
SUT-system
– SUT leading for estimates of (volume growth of)
GDP and details, annual and … quarterly!
– Final annual estimates (year t-3): 250 industries
x 800 product groups
– Provisional annual estimates (years t-2 and t-1)
and quarterly estimates: 100 industries x 200
product groups
– Annual change of weighting scheme for volume
and price measurement, including chaining
2. Some features of the present
SUT-system
– Simultaneous integration of SUT in current prices and
prices of the previous year: 6-pack approach:
Description
Data
T at current prices Price index
T at prices of T-1
Volume index
T-1 at prices of T-1 Value index
215
210
200
102.4
105.0
107.5
– Laspeyres volume index and Paasche price index =>
additivity of data in prices of previous year
– Fully automated derivation of input-output tables (industry
x industry)
3. Organisation and process
– Centralised input of source data (except for
government and financial corporations)
– Further processing of source data by “column”
specialists (industry resp. final expenditures):
adjustments for discontinuities, hidden activities,
ESA-definitions, etc.
– Integration by “row”: project leader and “column”
specialists
– Check and double-check meeting:
– Confrontation with sector accounts and labour
accounts
– Plausibility checks and discussion
– Advice to management
The making of...
Dutch practice
From source to I/O
Source data
surveys and register data
Adjustments to national accounts requirements
Exhaustiveness, definitions, price and volume,
specifications, plausibility checks (volumes)
Balancing
Globalization, black economy, sampling errors, plausibility
checks (prices and volumes)
Transformation to I/O-tables
Industry by industry
3. Organisation and process
Relationship with providers of source data:
– Service Level Agreements (SLA): planning and
contents of data deliveries, quality indicators,
contents of quality reports
– Communication and feedback (subject for
further improvement): e.g. meetings and
discussion between NA-specialists and data
providers
4. Benefits of SUT system
Benefits:
- Reliable estimates for macro-economic
variables: check for basic identities, detect
inconsistencies & white spots
- Provides detailed picture of production
processes in a country: what produced, with
what inputs, and sold to whom
But:
The higher the level of detail and/or
The more recent the covered time period
(quarters!)
The larger the influence of assumptions!
5. Future challenges and redesign
of NA-system
External developments:
- More data from registers, less data from surveys
- Globalisation => measurement and conceptual
problems
- Transparency and reproduction
- Efficiency and budget cut backs
Redesign of NA-system:
- Discussion with major users
- Benchmarking with other NSI’s
- Research future methodology and architecture
=> consequences for statistical process as a
whole
5. Future challenges and redesign
of NA-system
Research future methodology and architecture
- From goods to services
- From SUT to income data (what about prices?)
- Less details in SUT
- Consequences for statistical process as a whole:
- Focus of NA on integration of data (adjustments at
the source)
- Micro-integration of large and/or “complicated”
enterprises
- Estimates for small/medium enterprises: almost
fully register based
- National data => European data
THE SYSTEM OF SUPPLY AND
USE TABLES IN THE
NETHERLANDS
Marleen Verbruggen
Statistics Netherlands