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Expert Group Meeting on Balancing Supply and Uses in Statistics

This presentation by Mukesh Dawoonauth, a Statistician from Mauritius, covers practical methods for balancing supply and uses in national accounts. Learn about manual and automatic balancing techniques, sources of data, and the importance of expert knowledge in economic analysis.

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Expert Group Meeting on Balancing Supply and Uses in Statistics

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  1. EXPERT GROUP MEETING ON SUPPLY AND USE TABLEADDIS ABEBA-24 TO 28 OCTOBER 2011 Presentation by MUKESH DAWOONAUTH Statistician, National Accounts Unit MAURITIUS

  2. CHAPTER 7: BALANCING SUPPLY AND USES • Introduction Theory: Supply = Use Real world: Supply ≠ Use Solution • ManualBalancing • AutomaticBalancing

  3. CHAPTER 7: BALANCING SUPPLY AND USES • ManualBalancing • Usedwhendiscrepancies are large • Use of expert knowledge. National Accountant, Survey Specialist, OtherSubjectmatterspecialists

  4. CHAPTER 7: BALANCING SUPPLY AND USES • AutomaticBalancing • Usedwhendiscrepancies are small • Discrepanciesbetweensupply ans use eliminatedusing softwares meant for the purpose. E,g RAS

  5. CHAPTER 7: BALANCING SUPPLY AND USES • Overall This chapter describes clearly how to proceed when adjustments are needed to bring Supply=Use • Adjust items that are weak

  6. CHAPTER 7: BALANCING SUPPLY AND USES • Improvements To provide some indicative sources of data e.g: Taxes- Mauritius- Customs, Government Finance Statistics, Value Added Tax, Enterprises records, Income TAX returns. Summary: look for all available sources of data.

  7. CHAPTER 7: BALANCING SUPPLY AND USES • Caution Bookish knowledge will help very little except for concepts (valuation etc.) to be used. What is important is expert knowledge of the country under reference. Need to have someone knowing the economy.

  8. CHAPTER 7: BALANCING SUPPLY AND USES • Caution (contd) May call upon different people. E.g National Accountant, Survey Specialist, Sectoral Statistician etc. This chapter should not be read in isolation, but in conjunction with chapters that follow. E.g. Chapter 8 on some problematic areas.

  9. THANK YOU

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