D1,1.regional accounts an introduction2003

Viet Vu Consultant to United Nations’ Statistics Division 15-17 March 2010

Problems to be tackled in the compilation of regional accounts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Problems (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

SNA2008 and regional accounts ,[object Object],[object Object],[object Object]

Residents of the national economy or a regional economy ,[object Object],[object Object],[object Object],[object Object],[object Object]

Concept of regional economy on the basis of SNA2008 concept of the national economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Compare extra-territorial organizations and supra-regional units (1) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Compare extra-territorial organizations and supra-regional units (2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Implications of SNA rules on regional economies ,[object Object],[object Object],[object Object],[object Object]

Recommendations on supra-regional units – case of Malaysia ,[object Object],[object Object],[object Object],[object Object],[object Object]

Regionalize production activity of multi-regional enterprises by SNA2008 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Steps to regionalize a multi-regional enterprise ,[object Object],[object Object],[object Object],[object Object]

Establishment 1 (principal) Establishment 2 (secondary) Headquarter Establishment 1 (principal) Establishment 2 (secondary) Establishment 1 (principal) Establishment 2 (secondary) Example Old treatment (1993 SNA) New treatment (2008 SNA)

Example of the allocation technique SNA1993 GDP = 140 Establishment 1 Establishment 2 Output: 200 IC: 100 + 30 VA = 70 Output: 100 IC: 30 VA = 70 SNA2008 GDP = 140 Establishment 1 Establishment 2 Establishment 3 Output: 200 IC: 100+30 VA = 70 Output: 100 IC: 30+15 VA = 55 Imputed output:45 IC: 30 VA: 15 DATA GIVEN Establishment 1 Establishment 2 Headquarter Output: 200 IC: 100 VA = 100 Output: 100 IC: 30 VA = 70 No revenue/sale IC: 30 VA = 15

Some caveats ,[object Object],[object Object]

Final demand approach? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Production or income approach? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

RGDP by production approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

On what principle regionalization or extrapolation is based on? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

On what principle (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

ISSUE 4 Regional GDP (RGDP): annual and quarterly: ,[object Object],[object Object]

Census Annual survey/ administrative reports Quarterly, monthly surveys Possible replacement indicators Agriculture N,R N,R N,R Mining N,R N,R N,R Employment, COE, taxes Construction N,R N,R N,R Employment, COE, taxes Manufacturing N,R N,R N,R Employment, COE, taxes Wholesale/retail N,R N,R N,R Employment, COE, taxes Finance Central Bank Central Bank Central Bank Employment, COE, taxes Transport N,R N,R N,R Employment, COE, taxes Other services N,R N,R N,R Employment, COE, taxes

Current status of statistics on regional economies – income approach ,[object Object],[object Object],[object Object],[object Object]

Current status of data and recommended approaches for regional GDP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Notes on data estimation (1): agriculture &crude oil and gas ,[object Object],[object Object],[object Object],[object Object]

Notes on data estimation (2): Manufacturing and services ,[object Object]

Notes on data estimation (3): industries not covered by economic surveys and also without data on employment ,[object Object],[object Object],[object Object],[object Object],[object Object]

Notes on data estimation (4) : use of employment in Labor Force survey and adjust informal employment for lower productivity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Method of extrapolation to guarantee state GDP by industry to add up to national figure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Productivity index for agriculture: 120/109.6= 1.095 GDP in manufacturing - national Period 1 Period 2 Growth index GDP national 100 120 1.20 Employment in manufacturing/GDP preliminary estimates GDP in period 1 AdEmpl. Period 1 AdEmpl. Period 2 AdEmpl. growth index Preliminary GDP estimates State 1 70 120 130 1.08 75.8 State 2 30 80 90 1.13 33.7 National 100 200 220 1.10 109.6 Adjusted estimate for period 2 Period 1 Period 2 (Adjust) State 1 70 75.8* 1.095 83.0 State 2 30 33.7* 1.095 37.0 National 100 120.0

ISSUE 5: toward demand approach(1) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

ISSUE 5: toward demand approach(2) ,[object Object],[object Object],[object Object],[object Object]

Issue 6: Toward regional household income ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

D1,1.regional accounts an introduction2003

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