Asian Productivity Organisation unveils AEPM online resource

The online resource serves as a highly responsive tool, providing a dashboard view of productivity and other closely related economic data of 30 Asian countries and key global reference economies

GN Bureau | November 9, 2016


#Asian Productivity Organisation   #APO   #AEPM   #NPO  
In an initiative aiming to accelerate the use of productivity data by stakeholders across the Asia-Pacific region, the Asian Productivity Organization (APO) announced the online debut of the Asian Economic Productivity Map (AEPM) for National Productivity Organizations (NPOs), public and private policymakers, planners, and other user groups. The AEPM tool can be accessed here.
 
The AEPM, a comprehensive online resource on 70 productivity and economic indicators, offers a user-friendly web interface with free access to productivity-related data, covering 30 Asian economies and benchmarks from multiple economic groups across the world including ASEAN, South Asia, the Gulf Cooperation Council, EU 15, and USA. 
 
Emphasising on the strategic role that this online initiative can play in an increasingly digitised economic landscape, APO secretary-general Santhi Kanoktanaporn said, “The need for a digital resource such as the AEPM has long been felt by productivity stakeholders across the region. The power of the AEPM lies in its simplicity and clarity of presentation, which make it a highly effective tool and reference point for governments and NPOs for their varied productivity benchmarking requirements.” 
 
The AEPM is one of the tangible outcomes of the APO Productivity Databook and Database research project, which is an ongoing effort of the APO in collaboration with Keio Economic Observatory, Keio University, led by professor Dr Koji Nomura and assisted by a team of researchers. 
 
Elaborating upon the effectiveness of the AEPM resource as well as the Productivity Databook, professor Nomura commented, “With the meticulous research work through the continuing partnership between the APO and Keio, we were able to harmonise and compile 40-year timeline data. Therefore the AEPM is being released as a new online tool for illustrating the productivity data offered by the APO. Baseline indicators on productivity and economic performance are calculated for 30 Asian economies, representing the 20 APO member economies and 10 nonmember economies in Asia, as well as for reference countries.”
 
“Based on the growth accounting framework, the sources of economic growth in each economy are further decomposed into factor inputs of labor and capital and total factor productivity (TFP) for 20 Asian economies, along with the US as a reference economy. I hope that the TFP data help the stakeholders analyse the potential for economic growth, showing room for further acceleration of sustainable economic growth to be realised through innovation and technological advances,” Dr Nomura added.
 
The 40-year timeline assures users that they can rely on the trends and analyses with a high degree of accuracy. Baseline indicators on economic growth and productivity are calculated for 30 Asian economies, representing the 20 APO member economies (APO20) and 10 non-member economies in Asia. Based on the growth accounting framework, the sources of economic growth in each economy are further decomposed into factor inputs of labor and capital and total factor productivity (TFP) for 20 Asian economies, along with the US as a reference economy.
 
The AEPM provides graphic dashboard views of productivity and economic trends. Productivity data are presented both by per-worker labor productivity and per-hour labor productivity, in addition to TFP growth rates. Labor productivity growth is computed for key sectors, such as agriculture, manufacturing, wholesale and retail, transportation, and communication. Data on other economic parameters including output, capital, demand, income, population, and prices are also available as one-point references. 
 

Comments

 

Other News

HPCL, Tata Steel among National CSR Award 2020 winners

Hindustan Petroleum Corporation, HDFC, Tata Steel and Tech Mahindra are among the winners and the recipients of honourable mentions in the National CSR Awards 2020 announced by the ministry of corporate affairs (MCA) on Thursday. The MCA instituted the annual National Corporate Social Respon

India’s tree lovers get together for a nation-wide tree festival

A good monsoon has left the trees all washed and spruced up. It’s right time to take a good look at them, and also to tell the young generation about their diversity. So, tree lovers across the country have joined hands to celebrate a festival of trees this month. The August Tree Fest

How did a policeman move unarmed and fearlessly for 37 long years in Bihar?

Unbounded: My Experiments with Law, Physics, Policing and Super 30 By Abhayanand Rupa Publications, 344 pages, Rs 595   Abhayanand has

India@75: A timely study of the state of the nation

India after 1947: Reflections & Recollections By Rajmohan Gandhi Aleph, 118 pages, Rs 399 Rajmohan Gandhi was about 11 when India won independence. As the nation celebrates 75 years of freedom, how would he – and others like him – feel?

BMC denies protocol breach in ‘Har Ghar Tiranga’

The BrihanMumbai municipal corporation (BMC) has rebutted a Shiv Sena leader’s allegation of breach of protocol in the implementation of the ‘Har Ghar Tiranga’ campaign. On Friday Rahul Shewale, group leader of Shiv Sena in Lok Sabha, had accused BMC commissioner IS Chahal

Mumbai`s stalled building projects: Is self-redevelopment the real solution?

Land in Mumbai city, which is surrounded by water on three sides, is scarce and has a premium. Property prices in certain areas of financial capital of the country are as much as Rs 1 lakh per sq ft. Yet, 5,800 buildings have been lying in a stalled condition for the last 18 years. Meanwhile

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter