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APO Productivity Measurement Projects

The APO is a unique international organization focusing on productivity in the context of economic growth and development in the Asia-Pacific region. In line with its organizational mission, the APO has launched productivity measurement projects jointly with Keio Economic Observatory of Keio University, Tokyo. Major research efforts have been made to establish an APO Productivity Database for comparative analysis of the productivity and economic growth of member countries and to publish the annual APO Productivity Databook series. APO productivity measurement projects will continue to support the Secretariat in planning need-based programs, while assisting member governments in formulating appropriate productivity policies and strategies.

iconIn our project, three gears should work together: the first is the development of comparable database; the second is assessment of data quality; and the third is our effort to improve individual country data. Collecting metadata information is very important to assess data availability and quality. The assessment illuminates the differences in definitions, coverage, and methodology of country data. Those differences should be adjusted in our harmonized database. Also, the metadata information can highlight weak areas to be improved in country data. The purpose of our project is not to “invent” the productivity database based on poor-quality data, but to “invest” in improving the data quality. So we have the third gear as the APO Survey Initiative that is a support scheme to improve the official data in member countries.

APO Productivity Database

 

Research Publications on Productivity Measurement

New Publications

APO_DB2010This is the fourth edition of the APO Productivity Databook series, which provides a cross-country comparative analysis of the economic growth and productivity levels of APO member and nonmember economies. This year, by adding five countries from the Gulf Cooperation Council for the first time, the fourth edition now offers data on crucial economic indicators for a total of 29 Asian economies and two reference economies, i.e., the USA and EU. The analysis of total factor productivity is expanded to 13 Asian economies, with Hong Kong, Malaysia, Mongolia, Singapore, and Vietnam newly added.

  • APO Productivity Databook 2010 edition (Report in PDF)
  • APO Productivity Databook 2009 edition (Report in PDF)
  • APO Productivity Databook 2008 edition (Report in PDF)
  • A Survey of National Accounts in Asia for Cross-country Productivity Comparisons [Updated: March 2009 (Report in PDF)]
    Authors: Professor Koji Nomura, Ms. Eunice Y.M. Lau, and Mr. Hideyuki Mizobuchi
    This paper collates practices on the compilation of national accounts in 18 Asian countries. It was prepared as a first step toward the construction of a comparable database for productivity comparisons among Asian countries.

Papers from Special Lecture Programs

  • Business Dynamics and Productivity Growth with an Application to Taiwanese Electronics Firms (Report in PDF)
    This paper was presented by Professor Loretta Fung at the APO-KEO Special Lecture held on 5 October 2009
  • The Housing Bubble and a New Approach to Accounting for Housing in a CPI (Report in PDF)
    This paper was presented by Professor Alice Nakamura at the APO-KEO Special Lecture held on 5 October 2009
  • Productivity Measurement within a New Architecture for the US National Accounts: Lessons for Asia (Report in PDF)
    This paper was presented by Professor Dale W. Jorgenson at the APO-KEO Special Lecture held on 15 January 2009.
  • Productivity Measurement in the National Accounts and its Importance
    (Report in PDF)
    This paper was presented by Professor Erwin Diewert at the APO-KEO Special Lecture held on 22 October 2007.

 

Capacity Building in Productivity Measurement for Member Countries

The Research and Planning Department undertakes survey initiatives, missions, and other forms of assistance to member countries to build their capacity in the area of productivity measurement and economic statistics. These efforts are in line with the APO’s mission to serve as a think tank and regional adviser for its members.

APO Survey Initiative

APO survey initiatives are a support scheme that the APO Secretariat provides to member countries to improve the official statistical data and to build up and improve their capacity for productivity measurement. The survey initiatives can take various forms ranging from a joint statistical survey to an assistance mission to individual member countries upon request. To date, missions have been sent to Mongolia and Fiji.

Currently, the national wealth survey in Mongolia is being conducted with the collaboration of the National Statistical Office of Mongolia. This will be the first survey to observe capital stock in Mongolia directly and, ultimately, will be the basis to construct the balance-sheet account in Mongolia. Furthermore, the Secretariat sent a mission to assist the Training and Productivity Authority of Fiji in consolidating the methodology for total factor productivity (TFP) computation.

APO TFP Missions to Member Countries

Productivity measurement based on a harmonized methodology is a challenging task. The system of national accounts varies by country, and the definition and coverage of economic indicators crucial for productivity measurement are not consistent among the APO membership. It is therefore an important task of the APO research team to adjust those differences. This is true for computing single-factor productivity, such as labor productivity, and it makes the computation of multifactor or total factor productivity (TFP) much more daunting. The APO dispatches missions to member countries when requested to assist in taking the necessary steps to compute TFP using internationally standardized methodology.

 

Reading productivity and economic trends

Dr. NomuraShort columns on specific topics closely related to the analyses contained in the APO Productivity Databook 2008 are featured in the APO News, the monthly newsletter of the APO, from the June 2008 issue. The columns are presented in a bite-sized, reader-friendly format, focusing on pertinent topics and expanding on their implications for productivity measurement. Dr. Koji Nomura, Associate Professor, Keio Economic Observatory, Keio University, contributed the following article, in collaboration with Ms. Eunice Y.M. Lau, coauthor of the APO Productivity Databook.

 

Reference Links