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Taiwan KLEMS Database Yih-ming Lin Department of Applied Economics

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Presentation on theme: "Taiwan KLEMS Database Yih-ming Lin Department of Applied Economics"— Presentation transcript:

1 Taiwan KLEMS Database Yih-ming Lin Department of Applied Economics
National Chiayi University, Taiwan

2 Dr. Fu, Tsu-tan Research Fellow, Institute of Economics, Academia Sinica, 1992- Professor, Department of Economics, Soochow University Guest Editor, Special issue of Taiwan Economic Review, 2008. Associate Editor, Journal of Productivity Analysis, present Chief Expert, The APO 50th Anniversary Publication

3 Dr. Fu, Tsu-tan The founder of the Taiwan Efficiency and Productivity Association (TEPA) Coordinator of Asia-Pacific Productivity Conference, APPC (2008, 2010)

4 Taiwan KLEMS Database From DGBAS, Taiwan
Directorate General of Budget, Accounting and Statistics, Taiwan Time period: : 13 sectors (only)

5 Sixteen sectors 93SNA We can convert to 16 sectors for if necessary

6 Sixteen sectors Five Industry sectors: Mining & quarrying (1),
Manufacturing (2), Electricity & gas supply (3), Water supply and remediation service (4) Construction (5)

7 Eleven Services sectors
Wholesales & retail trade Transportation & storage Accommodation & food services Information & communication Finance & insurance Real estate Professional, scientific and technical service Support services Human health services Art, entertainment & recreational services Other services

8 Methodology for compilation
Y: national income production account (NIPA) Real Gross Output(real GO) K L E, M, S

9 Methodology for compilation
Gross output = intermediate input (II) value added (VA) Data is from national account survey Annual, qualterly 93SNA

10 Methodology for compilation
Capital stock- Benchmark extrapolation method Benchmark year-those when each industrial and commercial census took place and national wealth census 16 industrial sectors Base year: 2006, 1988

11 Capital stock The real net fixed capital stock are based on the net value of fixed assets used in operation including Building and other construction Transportation equipments Machinery and other equipments Constructions in progress Net value of intangible assets Fixed assets rented and borrowed

12 Capital stock Net Fixed capital stock NK(t)=NK(t-1)+ I(t)- D(t)
I(t) investment from national account D(t) depreciation I(t) is the problem

13 Capital stock Mid-year real fixed capital stock
Use different benchmark years to estimate mid-year capital stock would be inconsistent Use extrapolation method to solve this problem

14 Labour Input Labour input-- flows
Man Hours: including man hours of employees, employers, own-account workers, and unpaid family workers Data– from Manpower survey Adjusted working hours– Employees’ Earnings Survey

15 Labour Input The source of average wages –The Manpower survey
Equi-employed person Compute fulltime worker’s average (NH) working hours from Manpower survey Compute the average working hours for Own-account worker (AH1), employers (AH2), employees (AH3), and unpaid family workers(AH4)

16 Labour Input Equi-employed person Ri=AHi/NH, i=1,2,3,4
The number of equi-employed person= Ri*Ei where Ei is the number of different classes of employment The total equi-employed persons for each sectors is sum of Ri*Ei

17 Labour Input Total Labor compensation =
Average Labor compensation (wage)* total equi-employed persons

18 Energy, Materials and Services
Data from Intermediate Input of national accunt Divide all sectors into three sectors, E, M, S Using Input-output table to get the input of E, M, S for each sector

19 Example Energy Material Services Net Final Total Demands Output Energy Material Services Primary Input (Value Added) Total Input

20 Energy input for energy sector
E=IIE*SE=20*10/20=10 Material input for energy sector M=IIE*SM=20*4/20 II for each sector change I/O table , once five year

21 K, L, E, M, S Share K,L,E, M, S are known SL=L/Gross output
SE=E/Gross output SM=M/Gross output SS=S/Gross output Capital share Sk= 1-SL-SE-SM-SS

22 Problem and future plan
The ICT part could be a problem Convert to 16 sectors for

23 Thanks for your attention !


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