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Supply and Use Tables for Selected Economies in Asia and the Pacific

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Supply and Use Tables for Selected Economies in Asia and the Pacific Supply and Use Tables for Selected Economies in Asia and the Pacific A Research Study December 2012 © 2012 Asian Development Bank All rights reserved. Published 2012. Printed in the Philippines. ISBN 978-92-9092-943-7 (Print), 978-92-9092-944-4 (PDF) Publication Stock No. RPT125322-2 Cataloging-In-Publication Data Asian Development Bank. [ !"#$%&$ & $[ '!"# *!+/\!+ policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgment of ADB. Users are restricted from reselling, redistributing, or creating derivative works for commercial purposes without the express, written consent of ADB. : In this publication, “$” refers to US dollars. Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines Tel +63 2 632 4444 Fax +63 2 636 2444 www.adb.org > Department of External Relations Fax +63 2 636 2648 [email protected] Printed on recycled paper Foreword egional technical assistance (RETA) 6483: Adopting the Supply and Use Framework Towards 1993 System of National Accounts Compliance in Selected Developing Member Countries is an initiative of the Asian R Development Bank (ADB). The project aimed to assist participating economies in implementing the 1993 System of National Accounts (SNA) through the compilation of supply and use tables (SUTs). Aptly known as the SUT Project, it utilized the supply and use framework which is an integrated model that allows compilation of more reliable, consistent, and internationally comparable estimates of gross domestic product (GDP). The improved GDP estimates are expected to provide a better basis for measuring economic output and growth; informed policy making; and monitoring progress toward the Millennium Development Goals, relating especially to poverty alleviation. Eighteen ADB developing member countries participated in the RETA. They are: Bangladesh; Bhutan; Brunei Darussalam; Cambodia; the People’s Republic of China; Fiji; Hong Kong, China; India; Indonesia; Malaysia; the Maldives; Mongolia; Nepal; Singapore; Sri Lanka; Taipei,China; Thailand; and Viet Nam. This publication presents the SUT concepts, practices, implementation strategies adopted, and the results of the SUT Project. It also includes the 28 products and 23 industries SUTs of the 18 participating economies, an abridged version of the SUTs, and an analysis of the economic structures based on the SUTs. Significant developments were achieved by the SUT Project. First, the project enabled the 18 participating economies to compile their SUTs leading to an improved 1993 SNA conceptual compliance, which sets the cornerstone toward adoption of the 2008 SNA recommendations. With the technical knowledge gained in the SUT compilation, more reliable gross domestic product and gross domestic expenditure estimates within a balanced framework can be made available. Second, it showed that the “phased approach” distributed the work for SUT compilation reasonably well without overwhelming the national implementing agencies. The phased strategy also helped the ADB SUT Project team to better understand the capabilities of the compilers and accordingly address concerns encountered during the SUT compilation. Third, the SUT exercise is another step towards improved statistical capacity in the region. The national implementing agencies of the participating economies had gained sufficient knowledge in compiling SUTs, enabling them to carry forward the work on SUT construction, its application and improving the reliability of GDP estimation. Finally, with their useful experience in SUT compilation, the participating economies are expected to be in a strong position to provide the GDP expenditure weights required for the 2011 International Comparison Program. I sincerely thank all those who have contributed to making the SUT Project a success—the international and national consultants; resource persons; and most importantly, the national implementing agencies and other government agencies in each of the 18 participating economies for their in-kind contribution, cooperation, and hard work. Sincere appreciation is extended to the Development Indicators and Policy Research Division of the Economics and Research Department SUT Project team for their dedication in achieving the objectives of RETA 6483. Changyong Rhee Chief Economist Asian Development Bank iii Supply and Use Tables_7th.indd 3 28-01-2013 11:22:23 AM Acknowledgments +#[ +![&W!"#Y"Z Tmember-economies. This was made possible with funding from ADB through regional technical assistance Y[\*Z]^W_O>+#*+&``_: in Selected Developing Member Countries. ADB gratefully acknowledges the valuable contributions to the project by international experts Derek Blades and Ramesh Kolli. Special thanks are due to the heads, national coordinators, and the Supply and Use Table Project team members in all national implementing agencies for their active participation and hard work in collating the various data sources and compiling the supply and use tables. The national implementing agencies were the Bangladesh Bureau of Statistics; National Statistics Bureau, Bhutan; Department of Economic Planning and Development, Brunei Darussalam; National Institute of Statistics, Cambodia; National Bureau of Statistics of China; Fiji Bureau {|}{~'{" Statistik, Indonesia; Department of Statistics, Malaysia; Department of National Planning, the Maldives; National ~{":{{ of Census and Statistics, Sri Lanka; Directorate-General of Budget, Accounting and Statistics,Taipei,China; :\!"*{~: #/} and Tufail Ahmed, Bangladesh Bureau of Statistics; Sonam Lhaendup and Dechen Wangdi, National Statistics Bureau, Bhutan; Norhaslina Tamin and Maria Haji Yahya, Department of Economic Planning and Development, Brunei Darussalam; Nor Vanndy, Oeur Sophal, and Keo Chettra, National Institute of Statistics, Cambodia; Zhilong Peng, Jia Yangdong, and Liu Huiping, National Bureau of Statistics of China; Nilima Usharani Lal, Litia Drodrolagi, and Navilini Singh, Fiji Bureau of Statistics; Jasmin Lee Mun-yee and Gloria Wai-sze Ma, Census and Statistics Department, Hong Kong, China; Ramesh Kolli, Alok C. Sharma, and N. Eagambaram, Central ~'{Q""#'{~}|Q\ and Norzalelawati Ahmad, Department of Statistics, Malaysia; Mariyam Niyaf and Aishath Hassan, Deparment of National Planning, the Maldives; Badamtsetseg Batjargal and Erdenesan Eldev-ochir, National Statistical ~{[QQ"#" Nepal; Teo Chok Sin, Tan-Chai Hwee Peng, and Kho Phuay Leng, Department of Statistics, Singapore; D.G.S.G. Munasinghe and Milton Jayaweera, Department of Census and Statistics, Sri Lanka; Wei-Jie Huang and Tsui-Hua Wang, Directorate-General of Budget, Accounting and Statistics, Taipei,China; Surapol Shrihuang and Nopporn Manoonpol, National Economic and Social Development Board, Thailand; and Nguyen Van Nong, Bui Trinh, and |~:{[\*]^W_+# the compilation of supply and use tables. iv Acknowledgments v The SUT Project was implemented by the Development Indicators and Policy Research Division (ERDI) of the Economics and Research Department of ADB, under the overall coordination and supervision of Chellam Palanyandy, lead statistician; with technical assistance from Eileen Capilit and Julieta Magallanes. Administrative assistance was provided by Clarita D. Truong, and information technology assistance was provided by Rhommell Rico. Leticia de Leon edited the manuscript with assistance of Virginia Gañac. Design and typesetting were performed by Rhommell Rico and Principe Nicdao. This publication was published with the support of the ADB Printing Unit. Douglas H. Brooks Assistant Chief Economist Development Indicators and Policy Research Division Contents Foreword .............................................................................................................................................iii Acknowledgments ............................................................................................................................... iv Abbreviations ...................................................................................................................................... xii Executive Summary ........................................................................................................................... xiv Introduction......................................................................................................................................................xiv Governance and Organization of the SUT Project ...........................................................................................xiv The Phased Approach to SUT Compilation.......................................................................................................xv Lessons Learned and Future Direction..............................................................................................................xv Conclusions......................................................................................................................................................xvi 1. Introduction ..................................................................................................................................
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