Operational Material
Outline
 Topics to be covered
 Five approaches to splitting GDP
 Reporting Forms Flowchart
 MORES Layout
 Form 2- Source data & adjustments
 Completing Part II in 5 Steps
 The Overall Process: Latest Year
 A Conditional Step-by-step Process
 The Overall Process: Year 2011
 To be reported
 Schedule of Submissions
Five approaches to splitting GDP
1
Direct
estimation
The preferred method, if data sources exist
2
Extrapolation
Update an earlier expenditure breakdown using assumptions on
population growth, price changes etc
3
“Borrowing” a
per capita
quantity or
volume
Multiply the per capita quantity or volume by
the population of the “borrowing country” and
the price level index between the two countries
4
“Borrowing” a
structure
5
Using expert
opinion
Requires
clustering
countries for
each BH or
group of
BHs
Adjust the “borrowed” structure by a vector of
the price level indexes between the two
countries
Consult retailers, manufacturers, marketing experts, chambers of
commerce and other sources
3
Reporting Forms Flowchart
1
Initial Values
for L.Y.
1
Adjustments
to L.Y.
Adjustments
to 2011
2
Final Values
for 2011
2
Data Sources
2
Price Review
for L.Y.
3
Commodity
Flow
4
BH Values for
2011
BH Values for
L.Y.
2
2
Price Review
for 2011
3
Variations
5
MORES Layout
Introduction
Part I
• Objectives
• Uses of the MORES
• Quality Assurance Check List
• Eurostat “Tabular Approach to Exhaustiveness”
Part II
By basic
heading
Part III
GDP
Classifica
tion
• Form 2- Source data & adjustments
• Metadata
• Form 1- Reporting Table
5
Form 2- Source data & adjustments
Latest year:
2011
ICP
Code
Heading
100000
GDP
110000
Individual
Consu
mption
Exp by
HH
Exp.
obtained
directly
from the
country's
NA
Exp. information from the
original data source
Adjustment documentation &
adjusted value
Refere
nce
Year
Descrip
tion
Exp.
value
Data
Source
Type
Adjusted
Exp.
BH
Value
for the
latest
year
available
6
Completing Part II in 5 Steps
Complete column 3 of Table 1 with whatever aggregate
estimates are available
Step 1
GDP
Classification
Codes
Classification
Headings Names
1
2
Initial
Expenditures
Values (GDP and
main uses)
3
Basic heading
values estimated
using the
proposed 5
approaches
4
Discrepancies
(3)-(4)
5
Step 2
By BH
•
Apply 5 approaches
Step 3
Automatic
•
Complete column 4 of Table 1
Step 4
Aggregate level
•
Report discrepancies between
columns 3 and 4 under column 5
Step 5
All levels
•
Make adjustments to resolve
discrepancies
7
The Overall Process: Latest Year
Expand Table 1
Report Expenditures in Table 1
Complete Column 3 for GDP and
Main Aggregates
Create Matrix of Data Sources by
Basic Heading
Estimate Expenditures BH by BH
[see next slide] in MORES
Adjust Estimated Expenditures in
MORES
Review Discrepancies [Column 5 in
Table 1]
Complete Column 4 in Table 1
A Conditional Step-by-step Process
Take Next
Basic Heading
Yes
1
Use Direct
Approach
Is there country
with similar percapita value?
Is there data for the
BH for the year?
No
Yes
Borrow per
capita value
No
3
No
Yes
Is there data for the
BH for a previous
year?
Can you obtain
data from expert?
Yes
Use Expert
Opinion
5
No
Use
Extrapolation
2
Borrow from
country with
similar
4 structure
The Overall Process: Year 2011
Expand Table 1
Report Expenditures in Table 1
Complete Column 3 for GDP and
Main Aggregates
Create Matrix of Data Sources by
Basic Heading
Estimate Expenditures BH by BH
[see previous slide] in MORES
Adjust Estimated Expenditures in
MORES
Review Discrepancies [Column 5 in
Table 1]
Complete Column 4 in Table 1
To be reported
Latest Year
Year 2011
Table 1
Columns 1, 2, 3
Columns 1, 2, 3
MORES
Content of Table 2:
Data and metadata
Content of Table 2:
Data and metadata
Optional
Optional
Tables 3; 4; 5
Schedule of Submissions
’10
Latest Year
Major Aggregate
Data & Metadata
Year 2011
Q3
Major Aggregate
Data & Metadata
Q4
2011
Q1
Q2
F
F
Basic Heading
Data & Metadata
Basic Heading
Data & Metadata
NCs to RCs
RCs to GO
Q3
Q4
F
F
Q1
’14
2013
2012
Q2
Q3
Q4
Q1
P
P
F
F
P
P
F
Q2
Q3
Q4
Q1
Q2
F
P-Preliminary result
F-Final result
12
13