Presentation by MUKESH DAWOONAUTH

Statistician, National Accounts Unit MAURITIUS

CHAPTER 7: BALANCING SUPPLY AND USESIntroduction

Theory: Supply = Use

Real world: Supply ≠ Use

SolutionManual BalancingAutomatic Balancing

CHAPTER 7: BALANCING SUPPLY AND USES

Manual BalancingUsed when discrepancies are large

Use of expert knowledge. National Accountant, Survey Specialist, Other Subject matter specialists

CHAPTER 7: BALANCING SUPPLY AND USESAutomatic Balancing

Used when discrepancies are small

Discrepancies between supply ans use eliminated using softwares meant for the purpose. E,g RAS

CHAPTER 7: BALANCING SUPPLY AND USES

OverallThis chapter describes clearly how to proceed when adjustments are needed to bring

Supply=Use

Adjust items that are weak

CHAPTER 7: BALANCING SUPPLY AND USES

ImprovementsTo provide some indicative sources of datae.g: Taxes- Mauritius- Customs, Government Finance Statistics, Value Added Tax, Enterprises records, Income TAX returns. Summary: look for all available sources of data.

CHAPTER 7: BALANCING SUPPLY AND USES

CautionBookish 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.

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.

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