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Annex IV.
ICFA-EBOPS Correspondence Tables
Correspondence between ISIC Categories for Foreign Affiliates (ICFA) and Extended
Balance of Payments Services Classification (EBOPS)
1. Correspondences between classifications of industry
and classifications of products are by their nature
approximate. This is because each product (whether a
good or a service) is not necessarily produced by only
one industry. As noted in the System of National
Accounts 1993, paragraph 5.4, “The same goods or
services may be produced
using different methods of
production so that there can be no one-to-one
correspondence between activities and the goods or
services they produce. Certain types of goods may be
produced from quite different industries; for example,
sugar may be produced from sugar
cane or from sugar
beet, or electricity from coal, oil or nuclear power
stations or from hydroelectric plants. Many production
processes also produce joint products, such as meat and
hides, whose uses are quite different”.
2. In tables A.IV.1 and A.IV.2 below, aggregated
categories of ISIC, Rev.3 (ICFA) are aligned with
EBOPS categories. There is no
intention of establishing
a one-to-one correspondence between ISIC and EBOPS.
This is considered neither practical nor desirable since it
might lead to an inadequate description of EBOPS
categories, especially at the higher levels, because such a
one-to-one correspondence might overlook important
areas of secondary production by industries. The extent
to which data on resident/non-resident
trade classified
according to EBOPS can be corresponded with data on
FATS variables, classified according to aggregated
categories of ISIC, Rev.3, is inherently limited.
Nonetheless, a correspondence between the two bases of
classification may be useful for some purposes, mainly
involving activities that tend to be carried out only by
firms that are specialized in the
activity and tend not to
have significant secondary activities.
3. It should be noted that except for specific activity
and product breakdowns suggested in the text of chapter
IV of the
Manual, most of the recommendations in the
Manual are as applicable to goods as to services, and
might be considered in developing a generalized
framework for statistics on affiliate operations. Since
foreign affiliates of trade in
services may produce both
goods and services and in order to maintain
harmonization with other international frameworks, such
as the 1993 SNA and BPM5, agreement has been
maintained in the correspondences of tables A.IV.1 and
A.IV.2 (ICFA and EBOPS) with the published
correspondences between ISIC, Rev.3 (activities) and
CPC, Version 1.0 (goods and services).
4. Table A.IV.1 presents the correspondence
ICFA/EBOPS and Table A.IV.2
presents the
correspondence EBOPS/ICFA, which shows
approximate links between some EBOPS components
and economic activities and will allow comparisons
between EBOPS and FATS statistics.
5. Analysts are advised to use these correspondences
and any resulting comparisons with appropriate caution.