Changing Industrial Classification to SIC (2007) at the UK Office for National Statistics

Smith Paul A. () and James Gareth G. ()
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Smith Paul A.: Statistical Sciences Research Institute, University of Southampton, Highfield, Southampton, SO17 1BJ, United Kingdom of Great Britain and Northern Ireland
James Gareth G.: Office for National Statistics, Cardiff Road, Newport, NP10 8XG, United Kingdom of Great Britain and Northern Ireland

Journal of Official Statistics, 2017, vol. 33, issue 1, 223-247

Abstract: As part of the changes to industrial classifications following the United Nations’ revision to the International Standard Industrial Classification, ISIC Rev. 4, the UK moved to its version of a new classification between 2007 and 2011. We describe the processes involved in changing an industrial classification, including model-based adjustment methods and changes to survey designs and operations. We discuss the quality of the approaches used for different time periods in the same series, and the ways in which consistent time series are produced for users of economic statistics. We provide some general evaluation of the changeover, and guidance on the best approaches to follow when updating classifications.

Keywords: Conversion matrix; overlap control; quality assessment; classification change (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:offsta:v:33:y:2017:i:1:p:223-247:n:12

DOI: 10.1515/jos-2017-0012

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