STD/PASS/TAGS – Trade and Globalisation Statistics STD/SES/TAGS – Trade and Globalisation...

STD/PASS/TAGS – Trade and Globalisation StatisticsSTD/PASS/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics

Do we need a new trade Do we need a new trade classification and presentation classification and presentation for goods and services? for goods and services?

OECD Statistics Directorate


OverviewOverview

A. Why a new classification/presentation?B. Trade in goods C. Trade in services (and goods)D. Goods and services or trade in productsE. Problem areasF. Possible structure of a new trade classification or

presentationG. BenefitsH. Conclusions/suggestions

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Trade in goods and trade in services?Trade in goods and trade in services?but never the two really meet…but never the two really meet…

A. Trade in goods described by HS 2007 and SITC rev 4 – physical movement of goods cross frontiers

B. Trade in services – BOP/EBOPS 2010 – resident non-resident transactions – goods is “general merchandise”

C. The detail is in one (IMTS for goods) or the other (BOP for services) but not both

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Goods and services togetherGoods and services together

A. Central Product Classification version 2

B. CPC classifies all transactable products

C.Movable goods CPC 0-4 mainly related to HS

D.Other products CPC 5-9

E. Structure not helpful for trade or production

F. Goods and service products are difficult to separate

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Problem areasProblem areas

• Trade and BOP relate to transactions not production– E.g. distribution services

• Charges for the use of intellectual property• Manufacturing services – need to keep commodity flow information• Information products• Travel• Potential big differences between conceptual and actual product

industry links especially for some services• Exports relate better to production, imports to consumption

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What would a product presentation look like? What would a product presentation look like? Maybe something like this… Maybe something like this…

ISIC Rev.4 Trade in goods Trade in servicesSection/Code Description HS and EBOPS EBOPS and HSA Ag,forestry, fish HS adjusted Ag,forestry, fish servB Mining oil and gas HS adjusted Mining Oil & Gas servicesC Manufacturing HS adjusted Manufacturing services with HS

C10-12 Food,drink, tobacco HS adjusted Manufacturing services with HSC13-18 Textiles, leather & wood

productsHS adjusted Manufacturing services with HS

C19-22 Petroleum, chemicals, pharma, plastics

HS adjusted Manufacturing services with HS

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Contd..Contd..

ISIC Rev.4 Trade in goods Trade in servicesSection/Code Description HS and EBOPS EBOPS and HS

C24,25,28 Metal & machinery products (exc ICT)

HS adjusted Manufacturing services with HS

C26 ICT products HS adjusted Manufacturing services with HSC29-30 Transport equipment HS adjusted Manufacturing services with HSC33 Repair & installation HS adjusted Repair and maintenance nieC15,23,27,31&32Other manufacruring HS adjusted Manufacturing services with HS

E Water, sewage, waste treatment

HS adjusted Waste treatment and depollution

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Contd…

ISIC Rev.4 Trade in goods Trade in servicesSection/Code Description HS and EBOPS EBOPS and HSD Electricity gas HS adjusted Elec transmission, pipeline

servicesG Distribution HS with estimates,

merchantingTrade related services

F Construction Construction servicesI Hotels, Restaurants Travel partH Transport TransportJ Information sector,

telecoms and IT servicesHS adjusted Telecoms, comp and information

services; audiovisual PCR

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Contd…. etcContd…. etc

K part Financial FinancialK part Insurance InsuranceN77 Operational leasing of

equipment and produced intangible assets

Operational leasing and charges for use of intellectual property

M72 R&D R&DM69-70 Professional,

ManagementLegal, accounting, management

M71,74-75 Scientific and technical Architecture, engineering, technical

N78-82 Other business support services

Other business services other

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• Would give us a common language and with production statisticians but it would need refining

• If a useful idea, another version could be developed using ISIC 3, HS2002, and EBOPS2002 for immediate use

• Use building blocks that fit into trade data sources and relate closely to input-output perspectives

• Bring integration of trade data and estimation that is done at the I-O stage in SNA into trade area in transparent way

• Over time would help give a more complete view of trade

Benefits

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Conclusions and suggestionsConclusions and suggestions

• split into goods and services has become progressively more problematic

• While data are needed separately, need to find a way of considering trade in products altogether - for trade, production, and I_O analysis.

• Propose new classification/presentation of trade in goods and services

• Pilot exercise to produce estimated data from existing data sources, with any necessary adjustments made explicit.

• Review measurement of trade in goods and services through enterprise surveys - consider business register links to activity codes– facilitate estimation of alternative views of trade.

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Questions for discussionQuestions for discussion

• Is this alternative presentation or classification of trade in goods and services worth researching further?

• Given that implementation of BPM6 may take some years, should

presentation be researched also in terms of current classifications ISIC Rev.3, CPC Ver. 1.1 and BPM5?

• Should it be aligned with supply-use and input-output work in 2008 SNA? In what way?

• Any other comments or suggestions?

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STD/PASS/TAGS – Trade and Globalisation Statistics STD/SES/TAGS – Trade and Globalisation...

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