Transcript No Slide Title

The statistical measurement of services:
recent international achievements
and what next?
William Cave
OECD Statistics Directorate
ICES III Montreal 18-21 June 2007
Session 4
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The rise of services?
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Ubiquity and diversity
Break the problem down
Expanding base of information
Outsourcing raises the visibility of services
Internationalisation aspects
ICT progress enables:
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new forms of business organisation
more remote delivery for certain services (offshoring)
further internationalisation of production
new kinds of services
Co-location of customer and supplier remains important
Importance of regulatory environment….
ICES III Montreal 18-21 June 2007
Session 4
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Services trade negotiations and agreements
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GATS 1995
Regional trade agreements: EU, NAFTA, Andean
Community …
4 modes of supply:
– Cross-border; consumption abroad; commercial presence;
presence of persons
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Market access
Regulatory barriers
Doha round
ICES III Montreal 18-21 June 2007
Session 4
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Other policy issues related to services
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Competitiveness
Sectoral regulation (e.g. health, legal, insurance, telecoms,
gambling..)
Need to measure growth/ comparable national accounts
Productivity growth
Offshoring concerns
Services generate employment –which ones?
Monetary policy needs short-term indicators
How many work permits for foreign service workers?
Efficiency of infrastructure services
ICES III Montreal 18-21 June 2007
Session 4
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Which services have expanded their contribution to
national GVA?
Expansion of ICT, professional, scientific, business services,
personal, cultural, and financial services in domestic economy
Change in % contribution to GVA by service section
OECD countries 1994-2004
4
3
2
%
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Change in %
contribution to
GVA
1
0
-1
GH
I
J
K
L
MNOP
-2
ISIC 3 Section
ICES III Montreal 18-21 June 2007
Session 4
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Internationalisation of services FDI
G7 FDI Flows by Type of Service
1995-2003
1000
$bn
800
600
Inward
400
Outward
200
0
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ICES III Montreal 18-21 June 2007
Session 4
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International Trade in Services: Growth by service?
OECD service exports annual growth %
2000-2005
Computer & inf
Financial
Insurance
Other business serv
Communications
Royalties & licenses
TOTAL SERVICES
Government, n.i.e.
Transportation
Construction
Travel
Personal, cult & rec
0.0
5.0
10.0
ICES III Montreal 18-21 June% 2007
Session 4
15.0
20.0
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International Trade in Services: Growth v GDP?
Trade in services as a % of GDP in OECD
12
10
8
%
6
4
2
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
ICES III Montreal 18-21 June 2007
Session 4
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International trade in services v FATS
Service exports v Outward FATS (service sales)
in selected countries
600
500
US service exports
bn $US
400
US outward FATS
300
Germany service
exports
Germany FATS out
200
Australia service
exports
Australia FATS out
100
0
86
9
1
88
9
1
90
9
1
92
9
1
94
9
1
96
9
1
98
9
1
00
0
2
02
0
2
04
0
2
ICES III Montreal 18-21 June 2007
Session 4
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Progress in international methodological work 1
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1993 SNA Rev 1 (BPM6 revisions)
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R&D *
Originals and copies *
Leases and licenses *
Goods for processing and merchanting *
Financial and insurance services *
SNA/ISIC 4 high-level aggregations
Guidelines for non-market output
SPEs
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Progress in international methodological work 2
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Classifications ISIC 4 , CPC 2
– Increased international comparability
– Information sector
– ICT friendly
– More detail in services
– CPC elaborates IP products
International trade in services
– BPM6
– Manual on Statistics of International Trade in Services
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Revise EBOPS
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FATS + classification
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More on modes of supply
ICES III Montreal 18-21 June 2007
Session 4
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Progress in international methodological work 3
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Multinationals and FDI
– HEGI 2005
– Eurostat FATS Recommendations Manual 2007
– Benchmark Definition 4 planned 2008
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Short-term indicators
– ISP Compilation manual OECD 2007
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Service PPIs
– Voorburg Group
– SPPI Methodological guide OECD-Eurostat 2006
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New definitions of ICT
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What Next?
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Implementation of revised and new frameworks
– SNA,ISIC,MSITS ….
Research on intellectual property?
Price and volume in services work remains a priority
Services that are partly private and partly public sector e.g.
Health, education, cultural services etc
Internationalisation - trade in services – FATS - modes of
delivery
Improving product information
Defining national priority areas by sector
How to improve use of data sources – Registers, surveys,
admin sources, private sector sources and data linking
ICES III Montreal 18-21 June 2007
Session 4
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The End
Thank you for your attention
Contact hotline:
[email protected]
ICES III Montreal 18-21 June 2007
Session 4
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