1 / 19

Trade in Services - Overview

Trade in Services - Overview. Kevin B. Armbrister Assistant Statistician. Major Categories of Trade in Services. Transportation Travel Insurance Services Construction Services Royalties and Licence Fees Offshore Companies Local Expenses Government Other Services. Travel.

coye
Télécharger la présentation

Trade in Services - Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Trade in Services - Overview Kevin B. Armbrister Assistant Statistician

  2. Major Categories of Trade in Services • Transportation • Travel • Insurance Services • Construction Services • Royalties and Licence Fees • Offshore Companies Local Expenses • Government • Other Services

  3. Travel • Visitor Travel • Air Arrivals • Stopover Arrivals • Day Arrivals • Sea Travelers • Cruise Arrivals • Cruise-Stopover Arrivals • Travel Credit • Travel Debit • Personal Travel • Students • Business Travelers • Medical Patients

  4. Source of Data • Official Source of Travel Credit • Ministry of Tourism • Exit Survey • Hotel Performance Records • Survey of Industry Activities • Official Source of Travel Debit • Exchange Control Records

  5. Transportation Services - Coverage in Balance of Payments of the Bahamas • Transportation by Air • Transportation by Sea

  6. Transportation • Passenger Services • Freight and Insurance Services • Port and Handling Charges

  7. Main data source for Transportation: • Survey • Airlines Companies • Domestic Airlines • Agents for Foreign Airlines • Shipping Companies • Domestic Shipping Companies • Foreign Shipping Companies • Exchange Control Records

  8. Construction Construction: Coverage in the Bahamas’s balance of payments • Resident Companies • Foreign Contractors working for local companies

  9. Maindata source for Construction: • Survey • Direct Company Survey • Exchange Control Records • Bahamas Investment Authority

  10. Construction • Debit • Non-resident contractors • Credit • Not considered an issue since the early 50s/60s

  11. Advantages and Disadvantagesof Present System • Exchange Control Records • Ability to capture transactions • Reported revenue from hotels and agents • Immigration records at point of entry • Availability of timely data • Lack of empirical studies on available data

  12. Insurances Services • Reinsurance premiums • Transportation Insurance • Non-merchandise insurance

  13. Royalties and License fees • Franchise fees • Asset titles

  14. Government n.i.e • Embassies • Consulates • Military bases

  15. Other Supporting Agencies • Department of Statistics • Ministry of Finance • Ministry of Financial Services • Ministry of Tourism • The Department of Agriculture and Fisheries • Hotel Corporation of the Bahamas

  16. Plans for Improvement • Review of National Presentation • Validation of Data • Empirical Analysis • Reporting conventions • Greater coordination efforts between agencies

  17. Travel vs Overall Trade in Services

  18. The End

More Related