Integrated Economic Statistics Statistics Canada’s Experience Catherine Van Rompaey September 2013

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Integrated Economic Statistics
Statistics 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
IOFDC
Input Table
(473 x 235)
Final Demand
Table
(473 x 278)
+
IOCC
IOIC
=
Gross
Output of
Commoditie
s
Intermediate
Inputs of
Industries
Gross Output of
Industries
+
+
Intermadiate Use
of Primary Inputs
(8 x 235)
Final Use of
Primary Inputs
(8 x 235)
+
IOCC
=
IOCC
Output Table
(473 x 235)
IOCC
IOCC
IOIC
Outputs = Inputs
Value-Added
GDP by Industry
=
Total Inputs of
Industries
ExpenditureBased GDP
=
IncomeBased GDP
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
•
Head office industry
•
FISIM and insurance
•
•
Production account by sector
Quarterly sectored natural resources
wealth
•
Modernization of capital stock
•
•
Actual final consumption
BoP: improvements and convergence
to standards
•
Interest and dividend flow matrix
•
Residential land and structures
 Longer term
•
Goods for processing and merchanting
•
Micro macro linkages for households
•
Pension liabilities
•
•
Environmental liabilities
Other changes in assets and
revaluation accounts
•
Financial derivatives
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
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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2016-07-23
Legal Operating Entity Types
• Corporations
•
•
•
•
11
Sole Proprietors
Partnerships
Government Institutions
Trusts
Statistics Canada • Statistique Canada
2016-07-23
Recent Evolution
Prior to 2008
January 2008 to
December 2010
CFDB:
New BRS:
Corporations, Employers &
GST Filers > 30K
Corporations, Employers &
GST Filers > 30K
Sole Proprietors & GST
Filers < 30K added
January 2011
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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2016-07-23
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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Statistical Indicators
 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
Company
Establishment
Location
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Statistics Canada • Statistique Canada
2016-07-23
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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2016-07-23
Administrative data usage
 Tombstone information
•
•
•
•
•
•
17
Legal and Operating Names
Business Address (***Geographical dimension)
Legal Types
Incorporation Information
International Activity Codes
Non-profit Codes
Statistics Canada • Statistique Canada
2016-07-23
Administrative data usage
 Other administrative information:
• Activity Description
• Business Account Status
• Ownership relationships - Schedule 9 of Corporation
Income Tax Program
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Statistics Canada • Statistique Canada
2016-07-23
Administrative data usage
 Size values – Key indicators
• GST Sales
• Revenue, Expenses & Assets
• Number of Employees & Salary & Wages
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Statistics Canada • Statistique Canada
2016-07-23
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
Integrating Surveys - Schedule
Program
Reference Year
PHASE 1
PHASE 2
PHASE 3
Existing UES surveys (manufacturing,
distributive trades and services)
2013
Capital Expenditure surveys (actual, preliminary
and intentions) – 2 survey periods
2013
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
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
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)
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