Transcript PPT
Regional Seminar on Developing a Programme for the Implementation of 2008 SNA & Supporting Statistics January 30-February 1, 2013 Kingston, Jamaica Statistical Institute of Jamaica Use of Administrative Data Sources Respondent fatigue affecting business surveys Small economies All establishments employing 50 or more are automatically on the business surveys Annual national accounts Employment and Earnings Production statistics Producer price index STATIN therefore relies heavily on administrative data sources Use of Administrative Data Sources Administrative data ◦ Financial statements filed with tax authorities ◦ GCT tax database ◦ Supervisory agencies ◦ Data from Ministries such as Ministry of Agriculture/ Commodity Boards ◦ Department of Mines ◦ Jamaica Tourist Board Use of Administrative Data Sources Financial statements filed with tax authorities All businesses operating in Jamaica are required to file annual returns to Tax Administration Jamaica(TAJ) This takes the form of a financial statement including the detailed schedules STATIN has had a relationship with TAJ for over thirty years that allows STATIN access to the data STATIN staff are based at TAJ offices to extract data on revenue, expenditure and fixed assets Use of Administrative Data Sources Administrative data on main activity, foreign ownership, Tax Registration Number (TRN) TRN can be used to link with the Business Register Information is used to supplement the annual national accounts surveys, supply and use tables and tourism satellite account Use of Administrative Data Sources General Consumption Tax (GCT) (VAT)database Received electronically on a monthly basis Each establishment is classified using JIC Each establishment has a TRN # Main source of data for quarterly GDP by product Estimation of gross output for annual national accounts Assist in development of business register Monthly_GCT.xls Use of Administrative Data Sources Future use of GCT database- Monthly Retail survey Monthly production volume index Challenges with GCT Database o GCT data is collected 8 weeks after the reference period (to meet quarterly GDP schedules) but significant data gaps o Classification of establishments in GCT database Work with TAJ to improve the classification of the establishments Use of Administrative Data Sources Data from supervisory agencies Partner with agencies that perform supervisory functions and use the data collected by those agencies. Examples Bank of Jamaica –Commercial banks, building societies, credit unions Financial Services Commission- investment companies, security dealers and brokers, insurance companies, pension funds Broadcasting Commission- radio and television stations, cable companies Use of Administrative Data Sources Data from Ministries received monthly and quarterly data Physical quantities, tourism arrivals and expenditure END THANK YOU