Norihiko Yamano November 2009 DSTI-EAS-IND-WPIA(2009)10 The I-O system is a core database for economic analysis Environment Material flow CO2embodiement Globalisation Fragmentation Out sourcing Vertical Spec. Import contents Input-output Multiproduct Supplier Capital formation Supply and Use R-D exp Innovation Labour Productivity KLEMS (MFP) VA ratio.
Download ReportTranscript Norihiko Yamano November 2009 DSTI-EAS-IND-WPIA(2009)10 The I-O system is a core database for economic analysis Environment Material flow CO2embodiement Globalisation Fragmentation Out sourcing Vertical Spec. Import contents Input-output Multiproduct Supplier Capital formation Supply and Use R-D exp Innovation Labour Productivity KLEMS (MFP) VA ratio.
Norihiko Yamano November 2009 DSTI-EAS-IND-WPIA(2009)10 The I-O system is a core database for economic analysis Environment Material flow CO2embodiement Globalisation Fragmentation Out sourcing Vertical Spec. Import contents Input-output Multiproduct Supplier Capital formation Supply and Use R-D exp Innovation Labour Productivity KLEMS (MFP) VA ratio 2 OECD Input-Output tables • Format – Industry-by-industry symmetric 48 sectors (max) – ISIC Rev 3 industry classification – Import and domestic transactions are separated – Basic price (1993 SNA) • History – 1995ed : 10 countries (1970-1990) – 2002ed: 24 countries (1995) – 2006/09ed : 40+ (1995-2000-2005) (OECD-1 / G20-1 / BRIICS) – Most Mid 2000s tables are preliminary, they will be replaced when national benchmarks are available 3 Country coverage OECD(A-J) mid90 early00 mid00 Australia Austria Belgium Canada Czech Rep. Denmark Finland France Germany Greece Hungary Iceland Ireland Italy Japan Available year, -: not available OECD(K-U) mid90 early00 mid00 Korea Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic Spain Sweden Switzerland Turkey United Kingdom United States Non-OECD mid90 early00 mid00 Argentina Brazil Chile China Chinese Taipei Estonia India Indonesia Israel Malaysia Russia Singapore Slovenia South Africa w ill be updated will be available 4 Data source format wide different (latest year) OECD(A-J) Eurostat I (fin,nld,ita) Eurostat II Australia Canada Denmark Japan Korea Mexico New Zealand Norway Switzerland Turkey United States ISIC Siot ii SUT BasPr Non-OECD x x x x ISIC Siot ii SUT BasPr Argentina Brazil Chile China Chinese Taipei Estonia India Indonesia Israel Malaysia Will Russia Singapore Slovenia South Africa be finalised 5 Estimation approaches Data source submissions from NSIs 1. Sector aggregation: Symmetric (ind x ind) for domestic and import tables 2. Supply (make) ,Use and Symmetric (prd x prd) OECD Estimates necessary: Conversion from Purchaser’s price / producer’s price to basic price Use domestic at bp / Use import Symmetric (ind x ind) 6 Example of analytical works (STI/EAS) • Economic crisis: Impacts on trade and employment – ECB/IMF/OECD: discussion paper on trade impact – IDE-JETRO: employment impact • Globalisation indicators of production processes – OECD STI/SPD, TAD, STD, ECO, external NGOs, and Consultant comp. • Embodied CO2 emissions in international trade = (CO2 emissions/ output) *exported goods & services 7 Direct imports and induced intermediate imports by household consumption (in market exchange rate base USD) (Imports in bil usd) 1200 direct import import contents (as intermediate) 1000 800 600 400 200 United Germany Japan United France States Kingdom Italy Spain China Canada Korea 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 2005 1995 0 Nether Australia lands B. I-O / BTD linked indicators Bilateral Trade National Input-Output Intermediate Household cp Goods Services Re-export Opt. (BEC) Investment Regional clusters detection technique Export 10 Luxembourg Hungary Ireland Estonia Czech Republic Slovenia Slovak Republic Belgium Denmark Austria Finland Sweden Spain Portugal Netherlands Poland Italy Germany France 40% Switzerland 50% Greece Turkey United Kingdom Norway Import contents by partner share (Europe) 60% RoW Asia NAFTA Europe 30% 20% 10% 0% Import contents by partner share (Asia,North America,ROW) 70% 60% 50% Asia N.Am ROW RoW Asia NAFTA 40% Europe 30% 20% 10% 0% 11 Conclusion • Quality and availability of National I-O and SUTs much improved in recent years • Increasing use of OECD I-Os for wide range of analysis • Delegates encouraged to continue improvements on data sources (eg, use tables of domestic and import transactions at basic price ) 12