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This manual provides guidelines for compiling Index of Services Production (ISP), essential for economic analysis and GDP compilation. It includes sections on infrastructure, terminologies, sources, methods, compilation procedures, and more. Feedback from 21 agencies, including CSTAT members and international organizations, supports the manual. Future work involves revisions for new classifications, gathering additional practices, improving annexes, and promoting manual utilization by NSOs.
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A Manual for Index of Services Production 26 June 2007 Eun-Pyo HONG OECD/STES
Background • In 2002 STESWP meeting, participants asked to prepare: - A practical guidelines to compile ISP for official statisticians, where - ISP is useful for short-term economic analysis and for quarterly GDP compilation • Task force was represented by 13 MCs at the beginning but reduced in the end.
Contents Section 1: Introduction Section 2: Infrastructure (Statistical Units, Classification, Services industry) Section 3: Terminologies for ISP (Services, ISP, etc.) Section 4: Sources and methods (Recommended variables and deflators, etc.) Section 5: Index Compilation (Index, transformation, consolidation, compilation procedure) Section 6: Presentation and Dissemination Annexes (Deflators; Recommended variables, deflators and sources)
Comments from CSTAT Members 21 agencies provide comments on ISP (19 MC and NMC; and 2 international organisations): - AUS, AUT, CAN, CZK, DEN, FRA, GER, GRE, JAP, MEX, NOR, NZL, POL, SVK, SWE, CHE, USA; CHL and SLV; - ILO, Eurostat. All agencies except France (abstention) support ISP manual and compilation ** Most MSs have provided comments for previous versions
Tentative schedule from 2007 • Early 2007: reflected CSTAT comments • May 2007: electronic version on internet (English) http://www.oecd.org/dataoecd/9/55/37799074.pdf • 2nd half 2007: paper version (English) • 2008: French version may be available
Further work (after 2007) • Revision for new classifications • Collection of more practices from MCs • Enhancement of Annex 2 • Promotion of use of the manual by NSOs