A Statistical Architecture for Economic Statistics Ron McKenzie ICES III.
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A Statistical Architecture for Economic Statistics Ron McKenzie ICES III
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Transcript of A Statistical Architecture for Economic Statistics Ron McKenzie ICES III.
A Statistical Architecture for Economic Statistics
Ron McKenzie
ICES III
Statistical Tension
User Requirements
Conceptual Frameworks
Data Availability
Comprehensive Business Register
• Tax-based
• All units
• All standard classifications
• Demographic data
• Ownership Structures
Business Frame
Administrative Data
Business Frame
Sample SurveysAdministrative Data
Benefits of Comprehensive Register
• Complete populations
• Consistent populations
• Consistent units
• Consistent classifications
Business Frame
Sample SurveysIR10
Annual Economic Statistics
CFIS
Annual Enterprise Survey
Economy Wide Survey
Economy Wide Survey
• Consistent Data
• SNA Variables
• Reliable national aggregates
Other Surveys
• Innovation
• R&D
• Biotechnology
• Business Performance
• International Engagement
• Balance of Payments
• Commodity Data Collection
Business Frame
Sample SurveysAdministrative Data
Economic Statistics
Very Effective Survey-based Strategy
The Future
Problems with Survey Strategy
• Productivity studies
• Regional GDP
• Drivers of business performance
• Non-profit sector
• Maori Business
New Directions
• Microdata analysis
• Integration of datasets
• Longitudinal analysis
• Regional information
• Business household links
• Market / non-market movements
Business Frame
Economic Statistics
Database Strategy
Sample SurveysAdministrative Data
Principles
• Maintain quality
• Use administrative data where possible
• Surveys used to fill the gaps
• Integrated using population frames
• Support microdata analysis
Annual Financial Database(IR10, Co Office, NZX, Charities Commission, Customs)
GST Sales and PurchasesEMS Wages and Salaries
CFIS
Annual Financial Database
Core Variables
• Sales• Total Income• Exports • Wages and Salaries• Purchases• Expenses• Net profit
• Fixed Assets• Total Assets• Total Liabilities• Owners Equity
Annual Financial Database(IR10, Co Office, NZX, Charities Commission, Customs)
GST Sales and PurchasesEMS Wages and Salaries
CFIS
Annual Financial Database
SNA Database
SNA Database
SNA Surveys
Large Units Collection
Commodity Data
Business Performance
BOP
Prices
Annual Financial Database(IR10, Co Office, NZX, Charities Commission)
GST and EMS
SNA Database
SNA Surveys
Large Units Collection
LEED
Sub-annuals
National Accounts
Balance of Payments
Business Transactions
BusinessesHouseholdsFamilies
Individuals
Wages & Salaries
Consumption
Work
Savings & Investment
People and Business
Work
Business Register
Surveys
LBFHouseholdsFamilies Individuals LEED
MicrodataResearch
Payroll Companies
Stock Exchange
Companies Office
Charities Commsion
Inland Revenue
EFT POS System
Trade Data
Administrative Data
AnnualFinancialDatabase
SNA Data
Economic Statistics
Challenges
• User Needs
• Quality of Administrative Data
• Privacy and Confidentiality
• Developing Estimation Methods
Population
Sample
Aggregates
Problem
Admin Data
Other Data
Variables We want
Sales
Other Income
Total IncomePurchases
Wages and Salaries
Other Expenditure
Total ExpenditureNet Profit
Variables We want
Sales
Other Income
Total IncomePurchases
Wages and Salaries
Other Expenditure
Total ExpenditureNet Profit
From This
To This
Challenge
