Transcript New Zealand’s International Trade Towards an integrated approach February 2011 Outline Institutional arrangements International frameworks International trade in services survey Longitudinal business database Options for further integration.

New Zealand’s International Trade
Towards an integrated approach
February 2011
Outline
Institutional arrangements
International frameworks
International trade in services survey
Longitudinal business database
Options for further integration.
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Institutional arrangements
Overseas Merchandise Trade
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Based in Christchurch
Part of Industry and Labour Statistics area
Monthly release of statistics
Works closely with New Zealand Customs Service
Solely use administrative data.
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Institutional arrangements
Services data collected by Balance of Payments
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Based in Wellington
Part of Macroeconomic and Environment Statistics
Quarterly release of goods and services statistics
Enterprise surveys
– international trade in services
– goods on consignment
No plans to integrate these two areas.
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Framework
BoP goods and services on a BPM5 basis
BPM6 work planned from 2012-14
Priorities within BPM6 implementation, and
extending into MSITS 2010, must be user driven
Key users are interested in a more integrated
approach.
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International trade in services survey
(ITSS)
Full coverage for June 2011 year as extracted
from the Statistics NZ Business Frame
Joint survey with Ministry of Foreign Affairs and
Trade (MFAT)
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co-funded
share unit records
declaration of secrecy
input into questionnaire design.
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ITSS redesign
New questions likely to include:
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contract manufacturing fees for processing goods
sales of goods manufactured abroad
published software delivered electronically
EBOPS and GATS W120 updates
mode of supply: “How were these services
delivered?”
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ITSS dissemination
Data incorporated into BoP current account
Stand alone ‘commercial services’ report to be
published in February 2012 will include:
• detailed categories
• partner country and economic groupings
• industry breakdowns
Longitudinal Business Database (LBD).
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What is the LBD?
A longitudinal dataset of integrated businessrelated data
Prototype created in December 2007
Aim is to produce new information from existing
data and without additional respondent burden.
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Structure of the LBD
Microsoft SQL server database
Aggregates input data to give yearly information
at enterprise level for each data source
Can be easily queried from SQL or SAS
150 gigabytes in size (including 10 gigabytes of
indexes).
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What’s in the LBD?
Longitudinal Business Database
Administrative data
• Goods and services
tax data
• Financial accounts
(IR10)
• Company tax returns
(IR4)
• Linked Employer
Employee Database
Longitudinal Business
Frame
Contains longitudinally
linked data for most
enterprises operating in NZ.
Includes information on:
• employment
• location
• industry
Survey data
• Annual Enterprise
Survey
• Business Operations
Survey
• Manufacturing and
Energy Use Survey
• Business Finance
Survey
• Overseas merchandise
trade
• ownership relationship
• Research and
Development Survey
• Government
assistance data
Allows individual business to
be tracked over time.
• International Trade in
Services and Royalties
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Protocols for using the LBD
Integrating data raises issues around privacy,
confidentiality, and security
• access is granted to government employees for
research purposes
• non-departmental research access is by secondment
• anonymised data accessed only through the Data Lab
• outputs subject to confidentiality checks.
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Initial research results
MFAT initiated and funded integration of the
ITSS into the LBD
Comparisons of goods and services exporters
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employee count
foreign ownership
profit
productivity
market analysis.
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Examples of research
Exporting and firm performance
Entrepreneurship and trade growth
Exporters’ currency hedging behaviour
Export market choices of New Zealand firms
LBD homepage
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Where to from here for the LBD?
Work in progress – new datasets can be added
Add International Investment Survey data –
possible foreign affiliate statistics
From existing LBD datasets:
• Impact of exchange rate volatility on exporters
• Intensive v extensive exporting
• Global financial crisis analysis
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Options for further integration
More detailed BoP goods
Increasing bilateral data for services to allow
presentation of total goods and services trade
No plans for:
• intra-group trade in goods and services
• integrated industry-based presentation.
But… new opportunities may arise!
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Thanks!
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Matthew Haigh
Project Manager: BoP Commerce & Development
Statistics New Zealand
Email: [email protected]
Phone: +64 4 931 4862
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Yolandi de Beer
Statistical Analyst: Business Infrastructure & Performance
Statistics New Zealand
Email: [email protected]
Phone: +64 4 931 4342
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