A Statistical Architecture for Economic Statistics Ron McKenzie ICES III Statistical Tension Data Availability User Requirements Conceptual Frameworks Comprehensive Business Register • • • • • Tax-based All units All standard classifications Demographic data Ownership Structures Administrative Data Business Frame Administrative Data Business Frame Sample Surveys Benefits of Comprehensive Register • • • • Complete populations Consistent populations Consistent units Consistent classifications Economy Wide Survey Annual Enterprise Survey Annual Economic Statistics Sample Surveys IR10 CFIS Business Frame 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 Very Effective Survey-based Strategy Economic Statistics Sample Surveys Administrative Data Business Frame 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 Database Strategy Economic Statistics Sample Surveys Administrative Data Business Frame Principles • • • • • Maintain quality Use administrative data where possible Surveys used to fill the gaps Integrated using population frames Support microdata analysis Annual Financial Database Annual Financial Database (IR10, Co Office, NZX, Charities Commission, Customs) CFIS GST Sales and Purchases EMS Wages and Salaries Core Variables • • • • • • • Sales Total Income Exports Wages and Salaries Purchases Expenses Net profit • • • • Fixed Assets Total Assets Total Liabilities Owners Equity Annual Financial Database Annual Financial Database (IR10, Co Office, NZX, Charities Commission, Customs) CFIS GST Sales and Purchases EMS Wages and Salaries SNA Database Large Units Collection SNA Database SNA Surveys Large Units Collection National Accounts SNA Database SNA Surveys Balance of Payments Business Performance Commodity Data Annual Financial Database (IR10, Co Office, NZX, Charities Commission) LEED Prices BOP Sub-annuals GST and EMS People and Business Consumption Wages & Salaries Households Families Individuals Businesses Work Savings & Investment Work Business Transactions Economic Statistics Microdata Research Households Families Individuals LEED LBF Annual Financial Database SNA Data Surveys Administrative Data Business Register Payroll Companies Stock Exchange Companies Office Charities Commsion Inland Revenue EFT POS System Trade Data 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 Income Purchases Wages and Salaries Other Expenditure Total Expenditure Net Profit Variables We want Sales Other Income Total Income Purchases Wages and Salaries Other Expenditure Total Expenditure Net Profit From This To This Challenge