Economic Indicators for East Asia: Input–Output Tables

By Asian Development Bank

This report is a key resource for understanding the dynamic trade and production linkages of East Asian economies to support data-driven policy making and implementation. It updates a 2018 publication and explores a wider range of statistical and analytical indicators on the People’s Republic of China; Hong Kong, China; Japan; Mongolia; the Republic of Korea; and Taipei,China. The tables and indicators presented are derived from the Multi-Regional Input–Output database maintained by the Asian Development Bank. Two companion volumes focus on South and Central Asia, and Southeast Asia and the Pacific.

• Language: English
• Publisher: Asian Development Bank
• Release date: Dec 1, 2020
• ISBN: 9789292625313

Book preview

ECONOMIC INDICATORS FOR EAST ASIA

INPUT–OUTPUT TABLES

DECEMBER 2020

Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

© 2020 Asian Development Bank

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Some rights reserved. Published in 2020.

ISBN 978-92-9262-530-6 (print); 978-92-9262-531-3 (electronic); 978-92-9262-532-0 (ebook)

Publication Stock No. TCS200241-2

DOI: http://dx.doi.org/10.22617/TCS200241-2

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Cover design by Nikko Antonio.

CONTENTS

TABLES AND FIGURES

FOREWORD

In the 1990s and early 2000s, trade was defined by global value chains. Automation and developments in transport, information, and communications technologies enabled firms to fragment their production processes across the globe to gain efficiencies from a broadened economic network. Participation in value chains became a more viable path toward economic and social transformation, especially for developing economies. Trade in tasks and inputs became as important as traditional trade in finished goods, and its measurement was seen as crucial in assessing economic performance and shaping policies.

Following more than a decade of generally unfettered growth, a series of economic crises and downturns created new challenges for the increasingly interconnected and interdependent economies. More recently, international trade tensions have disrupted production in major regional hubs, while the coronavirus disease pandemic continues to adversely impact consumption patterns, production, and supply and distribution chains in every economy. In a short period of time, the question has quickly shifted from How can we participate in global value chains? to How can we ensure a stable and resilient global economy, given increasing global value chain participation?

Answering the latter question heightens the demand for better and more timely statistics on the interrelationships between economies. Monitoring economic activities is not only essential for keeping track of development objectives, but also for safeguarding the beneficial outcomes from