OECD InputOutput Database And Related Analytical Works Norihiko

OECD Input-Output Database And Related Analytical Works Norihiko Yamano November 2009 DSTI-EAS-IND-WPIA(2009)10

The I-O system is a core database for economic analysis Environment Material flow CO 2 embodiement Globalisation Fragmentation Out sourcing Vertical Spec. Import contents Input-output Multiproduct Supplier Capital formation Supply and Use R-D exp Innovation Labour Productivity KLEMS (MFP) VA ratio 2

OECD Input-Output tables • Format – Industry-by-industry symmetric 48 sectors (max) – ISIC Rev 3 industry classification – Import and domestic transactions are separated – Basic price (1993 SNA) • History – 1995 ed : 10 countries (1970 -1990) – 2002 ed: 24 countries (1995) – 2006/09 ed : 40+ (1995 -2000 -2005) (OECD-1 / G 20 -1 / BRIICS) – Most Mid 2000 s tables are preliminary, they will be replaced when national benchmarks are available 3

Country coverage 4

Data source format wide different (latest year) Will be finalised 5

Estimation approaches Data source submissions from NSIs 1. Sector aggregation: Symmetric (ind x ind) for domestic and import tables 2. Supply (make) , Use and Symmetric (prd x prd) OECD Estimates necessary: Conversion from Purchaser’s price / producer’s price to basic price Use domestic at bp / Use import Symmetric (ind x ind) 6

Example of analytical works (STI/EAS) • Economic crisis: Impacts on trade and employment – ECB/IMF/OECD: discussion paper on trade impact – IDE-JETRO: employment impact • Globalisation indicators of production processes – OECD STI/SPD, TAD, STD, ECO, external NGOs, and Consultant comp. • Embodied CO 2 emissions in international trade = (CO 2 emissions/ output) *exported goods & services 7

Direct imports and induced intermediate imports by household consumption (in market exchange rate base USD)

B. I-O / BTD linked indicators Bilateral Trade National Input-Output Intermediate Household cp Goods Services Re-export Opt. (BEC) Investment Regional clusters detection technique Export

Import contents by partner share (Europe) 10

Import contents by partner share (Asia, North America, ROW) Asia N. Am ROW 11

Conclusion • Quality and availability of National I-O and SUTs much improved in recent years • Increasing use of OECD I-Os for wide range of analysis • Delegates encouraged to continue improvements on data sources (eg, use tables of domestic and import transactions at basic price ) 12