Expanded Real Value-added Data for Manufacturing: A New Approach to Measuring Sub-Sectoral Manufacturing Development

47 Pages Posted: 15 Feb 2023 Last revised: 8 Mar 2024

See all articles by Nobuya Haraguchi

Nobuya Haraguchi

United Nations Industrial Development Organization

Juergen Amann

Organization for Economic Cooperation and Development (OECD)

Date Written: March 1, 2024

Abstract

We propose a new single deflation method to expand real value added data coverage for UNIDO's Industrial Statistics Database (2021). Our deflator is consistent with current national accounting practices and self-contained, i.e., it only requires data available via INDSTAT. Furthermore, we discuss various deflator extensions to further real value added coverage, enabling us to derive an extensive data set with notably higher data coverage compared to other cross-country data sets, particularly for low(er) income economies. This allows us to measure the manufacturing sector's performance in unprecedented detail.

Keywords: value-added, structural change, developing countries, manufacturing, macroeconomic measurement, manufacturing industry development

JEL Classification: L60, O14, E01, E30

Suggested Citation

Haraguchi, Nobuya and Amann, Juergen, Expanded Real Value-added Data for Manufacturing: A New Approach to Measuring Sub-Sectoral Manufacturing Development (March 1, 2024). Available at SSRN: https://ssrn.com/abstract=4357399 or http://dx.doi.org/10.2139/ssrn.4357399

Nobuya Haraguchi

United Nations Industrial Development Organization ( email )

Wagramer Strasse 5
P.O. Box 300
Vienna, A-1400
Austria

Juergen Amann (Contact Author)

Organization for Economic Cooperation and Development (OECD) ( email )

2 rue André Pascal 75016 Paris, France.
Paris, Paris 75016
France

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