Download - Integrated Economic Statistics Statistics Canadas Experience Catherine Van Rompaey September 2013
Integrated Economic StatisticsStatistics Canada’s Experience
Catherine Van Rompaey
September 2013
Overview Integration in the Canadian SNA
• Current program and its recent evolution
• Recent and upcoming comprehensive revisions
Statistics Canada’s business register Integrated Business Statistics Program
(IBSP) Issues and challenges for the Canadian
macroeconomic accounts
Core macroeconomic accounts Annual (regional)
• Provincial input-output accounts (supply-use)• Provincial economic accounts• Provincial GDP by industry
Quarterly• National GDP income and expenditure based• Institutional sector accounts including financial
account and balance sheet• Balance of payments
Monthly • GDP by industry in real terms
Provincial Input-Output Accounts
IOIC IOIC IOFDC
= + =
+ +
+=
Outputs = Inputs
=
Value-Added GDP by Industry
Expenditure-Based GDP
Total Inputs of Industries
Gross Output of
Commodities
Gross Output of Industries
Intermediate Inputs of
Industries
IOC
C
Intermadiate Use of Primary Inputs
(8 x 235) IOC
C
Final Use of Primary Inputs
(8 x 235)
Income-Based GDP
Final Demand Table
(473 x 278)IOC
C Output Table (473 x 235) IO
CC Input Table
(473 x 235) IOC
C
Other programs and extensions Labour and multifactor productivity
Environmental accounts • Flow accounts, natural resource stocks
Satellite accounts • Tourism, Non profit sector, R&D, Culture
Special studies and analyses• Experimental GDP by firm size, municipalities• Underground economy
The Canadian SNA: recent evolution Mid 1980s
• National SNA programs fully integrated
Mid 1990s • Significant investments in provincial economic statistics to
meet policy objectives, integrated regional accounts
• Comprehensive historical revision SNA 1993
2012• Comprehensive historical revision SNA 2008
Future• Ongoing targeted comprehensive revisions
Comprehensive revision 2012 Quality
• Compensation of employees, trade in commercial services, dividends in the household sector
Classification systems • Sectors: NPISH, financial vs. nonfinancial, aboriginal
government
• Industries and products: introduction of NAPCS
• Final demand: international trade, household expenditures
Relevance• R&D and military capital, consumption of fixed capital,
market value of equity
Current and future agenda
2014/15• GFS implementation , COFOG
• FISIM and insurance
• Production account by sector
• Modernization of capital stock
• Actual final consumption
• Interest and dividend flow matrix
Longer term • Goods for processing and merchanting
• Pension liabilities
• Environmental liabilities
• Financial derivatives
• Head office industry
• Quarterly sectored natural resources wealth
• BoP: improvements and convergence to standards
• Residential land and structures
• Micro macro linkages for households
• Other changes in assets and revaluation accounts
Statistics Canada’s Business Register Built and updated with a comprehensive universe of
administrative data
Use as survey frame but also statistical mechanism• For example: benchmarks for compensation of
employees, operating surplus allocated by industry
Improved via survey feedback
Profiling of large complex units via Entreprise Portfolio Manager program
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Coverage : Sources of Information
Primary source of information is the Business Number registration process
Registration process in Canada Revenue Agency for all major taxation programs
Unique identification number BR maintained with administrative data
• 2.85 million simple businesses
• 20 thousand complex businesses (Approx. 200,000 OEs)
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Legal Operating Entity Types
• Corporations
• Sole Proprietors
• Partnerships
• Government Institutions
• Trusts
Recent Evolution
Prior to 2008
January 2008 to December 2010
January 2011
CFDB:Corporations, Employers &
GST Filers > 30K
New BRS:Corporations, Employers &
GST Filers > 30K
Sole Proprietors & GST Filers < 30K added
BRS:Corporations, Employers &
GST Filers > 30K
Sole Proprietors & GST Filers < 30K added
Addition of Sole Proprietors with no BN
Reporting Capabilities
Organizational and accounting practices differ from business to business
Properly identify the reportable data for each operating entity
Define types of “Responsibility Centers” associated with data reported
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Responsibility Centres Investment Centre
• Controls revenues, costs and investment funds
Profit Centre • Measures the performance of a division, product line,
geographical area, etc.
Revenue Centre • Responsible for generating revenue
Cost Centre • Production - Concerned with making a product• Support - Provides a service
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Standardized view of the operations for
sampling purposes The information required for assigning statistical
indicators is taken from the Responsibility Centers
Four statistical indicators:
Enterprise CompanyEstablishmentLocation
Statistical Indicators
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BR Maintenance: Automatic Update Processes
Administrative information made available at the BN level on a monthly basis 1.Strong base towards a complete coverage of the
business population
2.Dimensions required to identified sub-populations for stratification
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Administrative data usage
Tombstone information• Legal and Operating Names
• Business Address (***Geographical dimension)
• Legal Types
• Incorporation Information
• International Activity Codes
• Non-profit Codes
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Administrative data usage
Other administrative information: • Activity Description
• Business Account Status
• Ownership relationships - Schedule 9 of Corporation Income Tax Program
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Administrative data usage
Size values – Key indicators• GST Sales
• Revenue, Expenses & Assets
• Number of Employees & Salary & Wages
Integration in economic surveys Statistics Canada previously had 58 business
surveys in the Unified Entreprise Survey (UES)• Manufacturing, distributive trades, services
Good practices :• Harmonization of content across economic surveys aligned
to SNA needs
• Use of tax information
• Use of generalized systems for data processing
Now going further with the new Integrated Business Statistics Program (IBSP)
Objectives of the IBSP Simplify and modernize processes Improve timeliness Reduce response burden Realize efficiencies Reduce development and maintenance
costs
Features of the IBSP Implemented in phases across all survey
programs: annual and sub annual Use of business register as central frame Multi-modal collection emphasizing electronic
data reporting, active collection management Modular questionnaires with harmonized
content Further integration of tax data as source for
financial information Common approaches to survey estimation
and processing, meta-data driven
PH
AS
E 1
Program Reference Year
Existing UES surveys (manufacturing, distributive trades and services)
2013
Capital Expenditure surveys (actual, preliminary and intentions) – 2 survey periods
2013
PH
AS
E 2
Energy surveys (13 annual, 2 quarterly and 7 monthly)
2014
Transportation surveys (Annual and quarterly Trucking Financial and Passenger Bus)
2014
RDCI (Research & Development in Canadian Industries)
2014
PH
AS
E 3
Agriculture surveys 2015
IOFD program (Enterprise Financial Statistics made up of 3 surveys - Quarterly Survey of Financial Statements, Annual Financial and Taxation Statistics and Survey of Suppliers of Business Financing)
2015
Integrating Surveys - Schedule
SNA input to survey programs Develop harmonized content that meets
essential SNA requirements • Principal statistics and characteristic detail
Analysis and feedback on data quality Collaborative work on program development Strategy for evaluating time series breaks
due to statistical effects Improve SNA sector codes on BR
Recent organizational changes facilitate collaboration, process flows mobility of staff
Canadian SNA challenges Managing scope of comprehensive revisions across
complex, integrated system
Lack of flexibility due to fiscal requirements
Maintaining time series continuity across the dimensions of the program
Rethinking integration of historical estimates and revision policy
Documentation and communicating changes to users Needed investments to maintain relevance (environmental
accounts, G20 data gaps)