December 2015 National Data Requirements for inclusion in the current TiVA data infrastructure 1. Optimal data requirements In order to be integrated into OECD’s Inter-County Input-Output (ICIO) system, so that TiVA indicators can be generated, countries would ideally provide the following annual data1, on a timely basis (preferably one to two years after the reference period to which the data refer), with data going back to 1995. National Accounts time series o Expenditures: main components: Household Final Consumption, General Government Final Consumption, Non-Profit Institutions Serving Households (NPISHs), Gross Fixed Capital Formation (GFCF), Valuables, Changes in Inventories and Exports and Imports of goods and services (both with f.o.b. valuation). o Output and value added by industry (in basic prices) o Tourism Satellite Account following international recommendations in Tourism Satellite Account: Recommended Methodological Framework 2008 o Household Consumption according to COICOP Supply and Use tables (SUTs) with at least the 34 industries (and equivalent products) targeted in the ICIO: www.oecd.org/sti/ind/tiva/TiVA_2015_Industry_List.pdf. o Tables compiled in accordance with the 1993 System of National Accounts (SNA). If data have been compiled according to SNA2008, the following supplementary information is required: i) the nature of adjustments made to merchandise trade statistics to reflect changes introduced by SNA08 for measuring ‘Goods for Processing’ and ii) additional information describing adjustments to account for ‘Merchanting’. o The SNA recommends that all intermediate consumption transactions in Use tables are recorded on a “Purchasers Prices” basis. For the purposes of TiVA, all intermediate consumption transactions at “Basic Prices” are also required, with complementary tables showing the difference between two valuations, split into “Distribution Margin” and “Taxes and Subsidies” components. Ideally these two sub-components should be made available at the most detailed level possible. For example, the Distribution component could be split separately into margins provided by Wholesalers, Retailers, Transport and other industries as relevant. Similarly, Taxes and Subsidies on products for intermediate and final expenditures could be split by the specific type of tax or subsidy, in particular any import taxes (duties). o Similar breakdowns of Purchasers Price transactions – into at least a Margin and Taxes/Subsidies component – are required all categories of Final Demand: Household Final Consumption, General Government Final Consumption, Non-Profit Institutions Serving Households (NPISH), Gross Fixed Capital Formation (GFCF), Valuables, Changes in Inventories and Exports. o Use tables should be split into two parts: A domestic component showing all purchases of goods and services provided directly by domestic industries; and imports, showing all purchases of imported goods and services. Preferably, imports valued on a f.o.b. basis i.e. exports at purchasers’ prices from exporters’ perspective. If a country already provides a set of data in the required format on their website or regularly submit data to regional or international organisations, necessary references can be provided to OECD secretariat. 1 1 December 2015 o Within Use tables, show Residents’ expenditure abroad separately as part of total imports and, broken down by specific products. Show Non-Residents’ expenditure in the host economy separately as part of exports or household consumption in domestic territory, also broken down by specific products. o Within Use tables, Financial Intermediation Services Indirectly Measured (FISIM) should be distributed across industries. o Within Supply tables, include a “Make’ matrix showing the types of products produced by industries in Basic Prices, and include supplementary columns for Imports, Distribution margins, and Taxes and Subsidies, as specified in the SNA. o Imports in the Supply column should be provided on both a c.i.f. basis, with total imports on a f.o.b. basis. The c.i.f. / f.o.b. adjustment should be broken down into a complementary column allocated to each specific product such that all transactions in goods are shown on a f.o.b. basis. If possible any information on the country source of the c.i.f. component should be provided. 2 December 2015 Bilateral Trade in Goods (merchandise trade statistics) should be produced at least at a 6-digit level of the Harmonised System (HS). Imports should be shown on both an f.o.b. and c.i.f. basis. o Bilateral data should be as coherent as possible with equivalent data reported by partner countries. o Data should also be made available on an aggregated basis at the same product level used in the Supply-Use tables. The concordance relationship used to aggregate HS products to the more detailed product groupings in the Supply Use tables should also be provided. o A description of any adjustments made to HS import and export merchandise trade data to arrive at the Import and Export column data used in the Supply Use tables should be provided, in particular for transactions concerning ‘Goods for Processing’ and ‘Merchanting’ if relevant. o Confidential trade: In some countries, disclosure rules suppress 6-digit HS components in and also higher 2-digit HS chapter levels. This should be avoided where possible by adopting other forms of preserving confidentiality, such as suppressing another 6-digit category. o Information on re-exports (and re-imports) should also be provided - by product, origin and destination - differentiating between transit trade and trade passing through entrepots where distribution margins are often incurred. o The 6-digit HS codes, and thus reported trade in Comtrade, cannot differentiate between new and old capital goods (such as second-hand aircraft, ships, and cars). Any additional information that can be provided to identify these flows is useful to differentiate end-use categories (http://oe.cd/btd) o Unidentified scrap and waste: Certain types of waste and scrap do not have separate 6-digit HS codes—e.g., Personal computers and other electrical equipment exported (often to developing countries) for recycling. Any additional information that can be provided to identify these flows should be provided Bilateral Trade in Services data, at least at the 2-digit level described in the Extended Balance of Payments Services Classification, EBOPS 2010, should be provided: http://unstats.un.org/unsd/tradekb/Knowledgebase/MSITS-2010. o Bilateral data should be as coherent as possible with equivalent data reported by partner countries. o Additional information should specify whether data follow the Sixth Edition of the Balance of Payments and International Investment Position Manual (BPM6) or BPM5. Annual industry by industry Input-Output tables at basic prices Tables should be compiled in basic prices and a separate Import flow matrix should be provided consistent with the Import matrix derived from the Use tables above. All data should be consistent with published National Accounts at the time of their release. Any significant revisions made to the National Accounts but not to the SupplyUse or Input-Output tables should be flagged-up. 3 December 2015 2. Minimum Data Requirements The bare minimum for a country’s integration into the ICIO (and hence TiVA) infrastructure is the existence of official national SUTs or IOTs. o Tables should be made available using the industry breakdown at least at the 34 industries (and equivalent products) targeted in the underlying OECD InterCountry Input-Output (ICIO) system o The product classification used in supply and use tables, on the other hand, is flexible for each country. However, it is recommended to have as detail breakdown as possible to match the 34 industries mentioned above. o Where this is not possible every attempt must be made to ensure that industries at the 2-digit ISIC Rev. 3 level of classification are not grouped together when both industries are significant exporters (more than 5% of total exports). o To supplement the table, countries should also provide a time-series of valueadded and gross output by industry at as detailed a level as possible in National Accounts framework. This information should be at basic prices. o The table(s) must be for a relatively recent period. It is important to note that whilst the minimum data requirements will allow inclusion in the TiVA database, the more data provided, and the closer to the ideal data requirements, the greater the quality of TiVA data for the country in question. Table: summary of data sources Source C omponent Minimum level of detail National Accounts Main components of expenditures Output and value added by industry value added components final consumption expenditures Tourism satellite account (inbound and outbound) Supply table Product by industry Distribution margin Taxes less subsidies margin Imports at cif Use table at purchasers' prices Product by industry (domestic and import transactions) Use table at basic price Product by industry (domestic and import transactions) Input-Output table at basic price Industry-by-industry (and/or product-by-product) Merchandise trade Exports and Imports of which re-exports and re-imports Services trade BPM5-based inflow and outflow 4 OECD ICIO34 OECD ICIO34 COICOP (two-digit) TSA RMF 2008 OECD ICIO34 OECD ICIO34 OECD ICIO34 OECD ICIO34 HS 6 digit EBOPS2010 2 digit December 2015 Template formats for SUTs, IOTs and trade statistics Figure 1: Supply table Industry 1 … Industry 34 Output (bp) Imports* Total supply (bp) Taxes on Subsidies on Distribution products products margins Total supply (pu) Product 1 … Product 34 Output (bp ) (pu ): purchasers' prices (bp ): basic price * Ideally, imports are valued at fob price i.e. international disgtribution margins are excluded from goods imports Figure 2: Use table at purchasers’ prices Intermediate demand Sector 1 … Sector 34 Final expenditure Exports Domestic demand** Imports Direct Cross-border non-residents' Cross-border purchases by exports expenditures imports residents Total use Product 1 (domestic and import)* … Product 34 (domestic and import)* Total intermediate / final expenditure (pu) Value added (bp ) of which , Labour compensation of which , other taxes on production of which , consumption of fixed capital of which , net operating surplus Output (bp ) (pu ): purchasers' prices (bp ): basic price * Ideally imports and domestic products are separated ** Domestic demand includes household final consumption, general government final expenditure, NPISHs, Gross fixed capital formation, Changes in inventories and valuables Figure 3: Use table at basic prices Intermediate demand Sector 1 … Sector 34 Final expenditure Exports Domestic demand** Imports Cross-border non-residents' Cross-border Direct purchases exports expenditures imports by residents Product 1 (domestic and import)* … Product 34 (domestic and import)* Taxes less subsidies on intermediate and final products Total intermediate / final expenditure (pu ) Value added (bp ) of which , Labour compensation of which , other taxes on production of which , consumption of fixed capital of which , net operating surplus Output (bp ) (pu ): purchasers' prices (bp ): basic price * Ideally imports and domestic products are separated ** Domestic demand includes household final consumption, general government final expenditure, NPISHs, Gross fixed capital formation, changes in inventories and valuables 5 Total use December 2015 Figure 4: Symmetric Input-Output Table at basic prices Intermediate demand Sector 1 … Sector 34 Domestic demand** Final expenditure Cross-border Direct purchases exports Sector 1 (domestic) Output (bp ) Expenditure by nonres i dents … Sector 34 (domestic) Sector 1 (imports, cif)* Imports of i ntermediate products … Imports of fi nal products Re-i mports a nd Re-exports Di rect purcha ses by res i dents Sector 34 (imports, cif)* Taxes less subsidies on intermediate and final products Total intermediate / final expenditure (pu ) Value added (bp ) of which , Labour compensation of which , other taxes on production of which , consumption of fixed capital of which , net operating surplus Output (bp ) (pu ): purchasers' prices (bp ): basic price * Ideally, imports are valued at fob price i.e. international disgtribution margins are excluded from goods imports ** Domestic demand includes household final consumption, general government final expenditure, NPISHs, Gross fixed capital formation, changes in inventories and valuables Figure 5: International trade statistics Merchandise goods Year Partner 1995 AUS … … 1995 BEL … … … … 2011 ZAF HS code value (USD) 010111 Horses, live pure-bred breeding $$$ … … … 841911 Instantaneous gas water heaters $$$ … … … … … … 970600 Antiques older than one hundred years $$$ Services 1995 Partner country AUS 1995 … … 2011 AUS … … ZAF Year Tourism Year 1995 1995 … … 2011 Inbound Outbound … … Outbound EBOPS 2010 1 2 … … 12 value (USD) Manufacturing services on physical inputs owned by others Maintenance and repair services n.i.e. … … Government goods and services n.i.e Tourism Satellite Account 1 Accommodation services 2 Passenger trnasport services … … … … Tourism connected products 6 $$$ … … … $$$ value (USD) $$$ $$$ … … $$$