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Short Term Economic Statistics Timeliness Framework

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Title: Short Term Economic Statistics Timeliness Framework


1
Short Term Economic Statistics Timeliness
Framework
  • Richard McKenzie OECD

2
The STES Timeliness Framework
  • Review of the framework, its original
    development, usage and promotion
  • Plans for 2007 update and comparison with 2005
    and 2006 updates
  • Discussion by STESWP on the need for future
    updates to the framework

3
STES Timeliness Framework - Background
  • Developed by the STESEG taskforce on timeliness
    and benchmarking
  • Aims to assist countries to improve the
    timeliness of the STES they produce (reduce costs
    improve accuracy as well)
  • A collection of good practices which cover all
    aspects of the statistical production process
  • Documentation from a wide variety of countries
    (22 in all), so relevant to widest possible range
    of NSOs which operate under different
    circumstances

4
STES Timeliness Framework - Background
  • First version went live on the OECD website in
    September 2004, updated in September 2005 2006
  • STESWP has the role to improve, maintain, use and
    promote the framework
  • Documentation and updates now coordinated with
    Administrative data framework and links are made
    between these two products

5
Development of the STES Timeliness Framework
  • Timeliness is a function of the statistical
    production process
  • However best practice in one country may not be
    applicable to another
  • e.g. different user requirements, legislation,
    economic structures, institutional structures
    etc.
  • Desire to develop a framework which presents a
    range of good practices for improving timeliness
    across different aspects of the statistical
    production process

6
Developing the STES Timeliness Framework
  • Multi-dimensional web based product
  • Each dimension providing more detail on specific
    methods to improve timeliness
  • Emphasis on how processes link together, for
    developing overall strategies
  • Only references methods with proven operational
    success
  • Contains a breath of material sourced from many
    countries to ensure wide applicability

7
Structure of the STES Timeliness Framework
8
Structure of the STES Timeliness Framework
9
The web-based version
  • www.oecd.org/std/research/timeliness

10
Promoting the STES Timeliness Framework
  • Maximise visibility on the OECD website
  • STESEG members promotion in their own
    organisations
  • Distribution by other international organisations
    to their relevant working groups
  • Articles in OECD and UNSD Statistics Newsletters
  • OECD Statistics Working paper keynote address
    at the April 2006 Quality in Official Statistics
    Conference in Cardiff

11
Use of the STES Timeliness Framework
  • OECD web trend statistics currently not available
  • New system being put in place
  • Was previously averaging around 200 visits per
    month on the home page
  • STESWP 2006 meeting concluded material was still
    useful and framework should continue to be updated

12
2007 update of the framework
  • Request sent to most NSOs that participated in
    2006 STESWP to provide any new documentation
  • 10 NSOs responded, with 4 providing a total of 12
    new papers (7 of which come from Finland)
  • In 2006, 8 NSOs responded, with 4 providing a
    total of 20 new papers for assessment (of which
    12 came from the BLS)
  • In 2005, 20 NSOs responded, with 11 providing a
    total of 33 new papers for assessment

13
Future updates of the framework / discussion
points
  • Does the lower response from NSOs suggest less
    work is being done to improve timeliness of STES?
  • Relevant conference proceedings to review for the
    2007 update suggestions please!
  • Framework structure and content continues to be
    relevant and OECD will continue to promote it
  • Especially for non OECD countries which are most
    of the subscribers
  • Also very useful as a statistical training tool
  • How to better reach countries developing their SS?
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