1. bookVolume 33 (2017): Issue 1 (March 2017)
Journal Details
License
Format
Journal
eISSN
2001-7367
First Published
01 Oct 2013
Publication timeframe
4 times per year
Languages
English
access type Open Access

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

Published Online: 21 Feb 2017
Volume & Issue: Volume 33 (2017) - Issue 1 (March 2017)
Page range: 223 - 247
Received: 01 Dec 2015
Accepted: 01 Nov 2016
Journal Details
License
Format
Journal
eISSN
2001-7367
First Published
01 Oct 2013
Publication timeframe
4 times per year
Languages
English
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

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