Suggested Benchmark Years for Measurement of APEC TiVA under GVCs

Purpose: Consideration

Submitted by: Co-Chairs

Based on the responses on the Questionnaire for APEC Measurement on TiVA 2016 Progress Assessment and Technical Assistance/Capacity Building Need send by co-chairs the APEC Technical Group of Measurement on TiVA under GVCs in May of this year, and additional information provided by the Asian Development Banks and a number of participating APEC economies, co-chairs of the technical group suggest adopting the years 2005 and 2012 as the two benchmark years for the Measurement on APEC TiVA under GVCs, as these two years have the most available data from APEC economies.

For the economies that do not have the readily available data for these two selected benchmark years, they need to inform the Core Technical Task Force (CTTF) by December 31, 2016 whether they plan to produce these data to meet the deadline of October 31, 2017. For the economies that do not plan to produce or submit these benchmark year data, the CTTF would estimate and update the data on their behalf, in collaboration with the Member’s Technical Working Teams (MTWT) in participating economies, if applicable.

Appendix:

Table 1. Summary of Available SUTs/IOTs from Participating APEC Economies

Economy / 2005 / 2006 / 2007 / 2008 / 2009 / 2010 / 2011 / 2012 / 2013 / 2014
Australia / IOT / IOT / IOT / IOT / IOT / IOT / IOT
Brunei1 / IOT / IOT
Canada / SUT / SUT / SUT / SUT / SUT / SUT / SUT / SUT / SUT
Chile / SUT / SUT / SUT / SUT / SUT / SUT
China / SUT / IOT / IOT / SUT
Indonesia / IOT / SUT / IOT
Hong Kong China / SUT / SUT
Japan / IOT / IOT / IOT / IOT / IOT / IOT / IOT / IOT / IOT / IOT
Korea / IOT / IOT / IOT / IOT / IOT / SUT / SUT / SUT / SUT / SUT
Malaysia / IOT / IOT
Mexico2 / SUT / IOT / SUT
New Zealand3 / SUT / SUT
PNG
Peru4 / SUT / SUT / SUT / SUT / SUT / IOT
Philippines / IOT / IOT
Russia / SUT / SUT / SUT / SUT / SUT / SUT
Singapore / SUT / IOT / SUT / IOT
Chinese Taipei / SUT / SUT
Thailand / IOT / SUT / IOT / SUT
USA / SUT / SUT / SUT / SUT / SUT / SUT / SUT / SUT / SUT / SUT
Vietnam / IOT / IOT
Total / 13 / 9 / 10 / 9 / 7 / 12 / 9 / 15 / 7 / 4

Source: based on the questionnaire responses from 17 APEC economies, and additional information provided by the Asian Development Bank and a number of participating APEC economies.

Notes:

1.  Brunei has both SUT/IOT information for 2005 and 2010.

2.  Mexico: For 2013 SUT, data will be available at the end of 2017.

3.  New Zealand: Data for 2006 and 2012 are on FY basic.

4.  Peru: The 2012 data is under revision and will be released in March 2017.

Table 2. The Building Blocks for Estimating the Benchmark Year APECSUTs/IOTs

Economy / 2005 / 2012
Australia / IOT / IOT
Brunei / IOT / 2010 IOT
Canada / SUT / SUT
Chile / 2003 SUT / SUT
China / SUT / SUT
Indonesia / IOT / 2010 IOT
Hong Kong China / SUT / 2011 SUT
Japan / IOT / 2011 IOT
Korea / IOT / SUT
Malaysia / IOT / 2010 IOT
Mexico1 / 2008 SUT / IOT/2013 SUT
New Zealand2 / 2006 SUT / SUT
PNG / n/a / n/a
Peru / 2007 SUT / IOT
Philippines / 2006 IOT / IOT
Russia / SUT / SUT
Singapore / SUT / IOT
Chinese Taipei / 2006 SUT / 2011 SUT
Thailand / IOT / SUT
USA / SUT / SUT
Vietnam / 2007 IOT / IOT

Source: based on the questionnaire responses from 17 APEC economies, and additional information provided by the Asian Development Bank and a number of participating APEC economies.

Notes:

1.  Mexico: For 2013 SUT, data will be available at the end of 2017.

2.  New Zealand: Data for 2006 and 2012 are on FY basic.

0