Australian ICT satellite account - PowerPoint PPT Presentation

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Australian ICT satellite account

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Background Information and communication technology (ICT) plays central role in most economies Driver of socio ... satellite accounts unlike for tourism or NPI ... – PowerPoint PPT presentation

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Title: Australian ICT satellite account


1
Australian ICT satellite account
  • Presentation to OECD Working Party on National
    Accounts October 2006

2
Background
  • Information and communication technology (ICT)
    plays central role in most economies
  • Driver of socio-economic development
  • Driver of productivity growth
  • Very difficult to conceptualise and measure
  • ABS response
  • Range of ICT related surveys
  • Construction of satellite account

3
Aims
  • Improved understanding of links between ICT
    supply and use
  • Improved understanding of relevant concepts and
    classifications
  • Improved understanding of available data and
    knowledge of data gaps
  • Improved national accounts benchmarks and other
    economic statistics

4
Measurement issues
  • No international standards for ICT satellite
    accounts unlike for tourism or NPI
  • Main issues confronted
  • Treatment of construction of telecommunication
    towers
  • Bundling hardware and software / mobile phone
    plans
  • Treatment of computer games
  • Recognising customised software from computer
    services
  • Capitalisation of own account software
  • Trade in software
  • Reporting of leased hardware

5
Key findings ICT shares
6
Key findings ICT contributors

7
Impact on core national accounts
  • Improved measures of
  • GFCF on computer hardware
  • GFCF on computer software
  • Trade especially imports of software
  • Household expenditure on ICT services
  • Better understanding of ICT related industries

8
Summary
  • Important work given the pervasive nature of ICT,
    its complexity and its contribution to GDP
  • Lack of international standards and the range of
    measurement issues suggests more international
    discussion would be useful
  • Clear benefits to core estimates in undertaking
    satellite account analysis
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