Transcript COMMENT ON CHAPTER 6 (USE TABLE)

COMMENT ON CHAPTER 6
(USE TABLE)
The presentation was explicit with
practical illustration of the
interrelationship between Industries
and the Products.
UseTable
• It is a good practical demonstration especially
for beginners(compilers of NAs).
• Chapter 6, describes the demand side of an
economy with definition on the components
that constitute the demand side.
Observations
• Paragraph 109, line 5 ‘or’ should be ‘and’
• Quadrant 1, line 4 in bracket in table ‘2’
should be table ‘4’.
• Quadrant II, line 7 table ‘2’ should be table ‘4’
and in line 8, there was an omission of the
word final after NPISH.
Comments
• In table 4, total industry output, which
comprises GVA and IC, was at basic prices.
Further clarification needed because if add
GVA at basic price with I C at purchasers
prices, why arrive at total industry output at
basic prices?.
HHs F C E
• I’m not comfortable with definition given in
the first sentence of paragraph 145.
Suggestion
• Private consumption corresponds to the value
of goods and services used for the direct
satisfaction of human needs, whether
individual or collective.
USAGE
• Since countries are at different levels
developments in GDP compilation.
• The 1993 SNA recognises that a Supply and Use
Table (SUT ) which describes, for each product, all
the sources of supply and all the uses to which
that product can be put, and for each industry, all
the inputs and outputs, provides the most
reliable possible estimate of GDP at current or
constant prices and recommends that
statisticians use them in estimating GDP
Challenges
• Steps to be taken before using the manual.
• Reclassification of activities using ISIC
• Product using CPC
THANK YOU