The Bean Review of Economic Statistics: Making it Happen
Following the publication of the final recommendations of the Independent Review of Economic Statistics by Professor Sir Charles Bean, the Royal Statistical Society (RSS), the Royal Economic Society (RES) and the Institute for Fiscal Studies (IFS) invite you to a one day conference to discuss what should be done next to implement the recommendations to develop innovative new ways of measuring the economy.
The day will focus on four topics which the review identified as critical areas for further work, and will consider how the wider professional community of economists and statisticians can help develop workable solutions for the Office for National Statistics to implement the review recommendations.
The four topics which will be discussed are
The conference is free to attend, but places are limited.
The maximum capacity for this event has now been reached and so registration is now closed.
11:00 Welcome and introductions
Chair Roeland Beerten - Royal Statistical Society
11:30; Measuring the regions: how to improve regional statistics?
Chair Dr Martin Weale - Bank of England
What needs to happen in order to improve information on the regional economy? This session will examine measurement issues in relation to the UK regions but will also take into account the devolution agenda, and questions around what information is needed to measure and stimulate local growth.
13:10 Innovation in new data sources and techniques
Chair Professor John Aston - University of Cambridge
The production of official economic statistics has relied on traditional data sources and techniques which have proved robust over a number of years. However in an increasingly rich data world the old ways of working are being questioned. How can the economy be measured better with new types of data sources and new statistical techniques?
14:00 How to measure the digital economy?
Chair Professor Andrew Chesher – President of the Royal Economic Society, University College London and Centre for Microdata Methods and Practice (cemmap)
Increasingly new businesses generate value from digital activities, which are difficult to capture in the traditional measurement frameworks. How should we account for new forms of economic activity and production? And how can we build and measure new frameworks which are more agile to capture future developments?
14:50 Coffee break
15:10 GDP and beyond
Chair Jil Matheson – Former National Statistician
The traditional concept of GDP has been increasingly challenged in recent years, with demands to create a comprehensive measure of national performance. How do we go about capturing the broader wellbeing of a nation? How do we account for things like unpaid work or household production?
16:00 General Q&A session
Chair Paul Johnson - Director, Institute for Fiscal Studies
17:00 Close and drinks
Lunch and refreshments kindly offered by the Office for National Statistics
|Contact Registration is now closed|
Attendance is free (including lunch and refreshments) but registration is required.
Organiser Name Roeland Beerten
Organising Group(s) Royal Statistical Society, Royal Economic Society and the Institute for Fiscal Studies