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Chapter 1 Introduction (SUT Handbook)

Chapter 1 Introduction (SUT Handbook). Derek Blades Resource Person May 2014. Basic framework. DP + IMP = IC + HFCE + GFCE + GFCF + INV + EXP Subtract IMP and IC from both sides DP – IC = HFCE + GFCE + GFCF + INV + (EXP - IMP) GDP (P) = GDP (E)

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Chapter 1 Introduction (SUT Handbook)

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  1. Chapter 1Introduction (SUT Handbook) Derek Blades Resource Person May 2014

  2. Basic framework • DP + IMP = IC + HFCE + GFCE + GFCF + INV + EXP • Subtract IMP and IC from both sides • DP – IC = HFCE + GFCE + GFCF + INV + (EXP - IMP) • GDP (P) = GDP (E) • Transport costs, Trade margins, Net taxes on products

  3. Third Quadrant – components of value added

  4. Uses and Applications • Estimate GDP from the two sides – P and E • Consistency of definitions and classifications, valuations standards • Estimation of missing data • Confrontation of data sources • Assessment of data requirements for NA compilations • Capacity building on NA • Implementation of SNA • SUTs in the International Comparison Program (ICP) • Updating preliminary estimates • Input-Output Tables

  5. Questions - omissions Is the introduction clear? Does it help? Anythingelse to add?

  6. Thank you

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