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Session II.I Session II.I Improvement in Improvement in economic surveys economic surveys Workshop on national accounts for Asian Workshop on national accounts for Asian member countries of the organization of member countries of the organization of Islamic Conference Islamic Conference Ankara, Turkey Ankara, Turkey 1-2 December 2008 1-2 December 2008 by by Devi Manraj Devi Manraj IMF Regional statistics advisor IMF Regional statistics advisor [email protected] [email protected]

Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Page 1: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

Session II.ISession II.I

Improvement in economic Improvement in economic surveyssurveys

Workshop on national accounts for Asian member Workshop on national accounts for Asian member countries of the organization of Islamic Conferencecountries of the organization of Islamic Conference

Ankara, Turkey Ankara, Turkey 1-2 December 2008 1-2 December 2008

bybyDevi ManrajDevi Manraj

IMF Regional statistics advisorIMF Regional statistics [email protected]@gmail.com

Page 2: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Data collection strategyData collection strategyData collection strategyData collection strategy

A well-designed and carefully managed data collection strategy

Well designed questionnaires that meet national accounting needs

Discussion Essential features and factors to consider

Page 3: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Resource ConstraintsResource ConstraintsResource ConstraintsResource Constraints

Resources (insufficient staff, no means of transport, inadequate funding, out of date business register)

Collection of detailed data Time consuming Expensive Respondents’ burden

Frequent collection of detailed data may not be possible

Page 4: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Possible solutionsPossible solutionsPossible solutionsPossible solutions

Solutions A limited set of monthly/quarterly source

data on a timely basis Some detailed Monthly/Quarterly data

with less timely basis Most detailed and comprehensive data

• On a annual or

• Less frequent basis

Comprehensive benchmark data on a periodic basis (5 – 10 years)

Page 5: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Censuses and SurveysCensuses and SurveysCensuses and SurveysCensuses and Surveys

Good quality data is not cheap!! Census of Agriculture Census of Economic activities Integrated Household Income and Expenditure

survey Labour Force survey Informal sector survey Quarterly Economic Indicator Survey

(production and price surveys)

Page 6: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Administrative dataAdministrative dataAdministrative dataAdministrative data

As by product of administrative system (cost effective but not tailored to national accounts)

Exports and Imports from customs records Sales and purchases from VAT system Accounting statements and Reports of

enterprises Mandatory reporting system such as the

State Statistical Reporting System

Page 7: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Data dissemination strategyData dissemination strategyData dissemination strategyData dissemination strategy

Data must be disseminated and easily Data must be disseminated and easily accessible to all users per an accessible to all users per an Advance Release CalendarAdvance Release Calendar

March 2008 GDP 2007 preliminary estimates

September 2008 GDP 2007 provisional estimates

March 2009 GDP 2007 revised estimates

September 2009 GDP 2007 final estimates

Page 8: Session II.I Improvement in economic surveys Workshop on national accounts for Asian member countries of the organization of Islamic Conference Ankara,

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Data revision policyData revision policy Data revision policyData revision policy

Essential features of a revision policy

Balance between timeliness and accuracy Advance release calendar Documentations Access to sufficiently long time series of revised data Provision of detailed data in easily accessible formats Information on accuracy and potential future revisions Training and users education