Public Sector Universe, 2018
Decision Tree for Sector Classification of Public Entities
Description
Is this entity a resident?
- Yes (continue)
- No
- Rest of the World External Sector
But- Is the entity a non-resident special purpose entity (SPE) of government?
- No
- Rest of the World Sector
- Yes
- Classify the entity as a non-resident institutional unit (external sector) and impute fiscal transactions of SPE in general government sector
- No
- Is the entity a non-resident special purpose entity (SPE) of government?
- Rest of the World External Sector
Is the entity an institutional unit?
- No
- Classify the entity as an integral part of the institutional unit that controls it
- Yes (continue)
Is the unit controlled by government?
- No
- Households, not for profit institutions serving household (NPISH) or private corporation
- Yes (continue)
Public Sector Unit
- Yes (continue)
Is the unit a market producer?
- No
- Is there a market establishment within the nonmarket producer that meets the definition of an institutional unit? (Not currently applied)
- No
- Is the unit a financial auxiliary?
- No
- General government
- Yes
- Public financial corporation
- No
- Is the unit a financial auxiliary?
- Yes
- Classify the market establishment (unit) as a quasi-corporation (Not currently applied)
- Classify the unit in the public corporations sector
- No
- Is there a market establishment within the nonmarket producer that meets the definition of an institutional unit? (Not currently applied)
- Yes (continue)
Classify the unit in the public corporations sector
- Yes (continue)
Does the unit produce financial services
- No
- Public nonfinancial corporation
- Yes (continue)
Public Financial Corporation
Using the concepts of residence, institutional unit, control, and market versus nonmarket producers, the decision tree presented facilitates the appropriate delineation of the public sector. In order to determine which entities belong to the general government sector and which to the public corporations subsector, the decision tree should be followed, using sequential questions:
- Is the entity a resident or a nonresident? Data for nonresident entities are recorded in data for the rest of the world.
- Is the entity an institutional unit? If it is resident but not an institutional unit, it is treated as an integral part of the institutional unit that controls it. If it satisfies the criteria to be an institutional unit, move on to the next decision point.
- Is the institutional unit controlled by government or another public corporation? The answer to this question will place the institutional unit in the public or private sector.
- Is the institutional unit a market or nonmarket producer? The answer to this question will place the institutional unit in the general government sector or the public corporations subsector.
- If the institutional unit is in the general government sector, could any market establishments that satisfy the criteria to be an institutional unit be identified within the general government unit?
Such market establishments should be classified as quasi-corporations in the public corporations subsector. - Is the institutional unit providing financial auxiliary services, such as supervisory authorities of financial intermediaries and financial markets? A positive answer to this question will place the institutional unit in the public financial corporations subsector.
- Is the public corporation involved in producing financial services? The answer to this question will place the institutional unit in the public financial or public nonfinancial corporations subsector.
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