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17.26      Compilers should also establish rules to make allocations across the correct geographical partners if transactions are recorded under “services not allocated.” One possible method of performing such an allocation is to consider the shares of geographical distribution evident in total world trade in services. It should be noted that the allocations by nature of transaction and by partner country are independent, e.g., it is sometimes the case that transactions cannot be allocated to individual services items, but can be allocated to trading partners.

 

Next: E. Model-based estimates



[1] The Eurostat Balance of Payments Vademecum (update October 2013 edition), defines “services not allocated” as follows: “This item was created due to the fact that some Member States are unable to allocate certain amounts to specific services. This results in a discrepancy between the sum of individual services and the total services item. If a Member State encounters this problem, please record such residual item under item 982  “Services not allocated”. Only services whose origin cannot be determined should be included under this label.”

[2] As defined in MSITS 2010, para. 3.252 and the EBOPS 2010-Central Product Classification (CPC2, version 2), available from correspondence table 10. http://unstats.un.org/unsd/tradeserv/tfsits/msits2010/ebops2cpc_detailed.htm.

[3] It is important to note that the role of EBOPS 2010 items labelled as "other" or "not included elsewhere (n.i.e.)" is not to include transactions for which the compiler cannot determine to which EBOPS item they belong to, but rather corresponds to a residual list of services which are not identified as belonging to specific EBOPS items. In other words, these "other" or "n.i.e." items are actually defined, and correspond to a specific list of CPC version 2 products (see EBOPS 2010-CPC version 2 correspondence table available from http://unstats.un.org/unsd/tradeserv/TFSITS/msits2010/ebops2cpc.htm).