The new Asian Development Bank (ADB)-Asian Development Bank Institute (ADBI) Innovation and Structural Transformation Database provides a valuable, one-stop platform for analyzing trade-driven growth and economic development in Asia and will be introduced during a launch webinar on 22 February.
The database contains a wide variety of trade, supply chain, and capital indicators critical to the innovative growth and structural change of the region’s economies. The indicators cover four broad areas:
- Shifts in the sectoral composition of economies, including output and employment, and how these shifts affect labor productivity
- Internationally traded products that highlight the capabilities required to produce them
- Innovation indicators, such as patent-based data associated with the development of new technologies
- Global value chain (GVC) indicators that show the integration of economies into GVCs, in terms of intensity, geographical distance, and diversity of their backward and forward linkages
Senior researchers from ADBI, ADB, and the United Nations University – Maastrict Economic and Social Research Institute designed the ADB-ADBI Innovation and Structural Transformation Database and will explain its key features and importance for economic research and policy development during the launch webinar.
The database is free, interactive, and offers a multitude of options for visualizing its available data. The data can also be downloaded.