CONTENTS
TABLES, FIGURES, AND BOX iv
ABSTRACT v
INTRODUCTION 1
METHODOLOGY 3
Identifying the Wellness Sector 3
Data 3
Disaggregation of Input–Output Tables 4
Direct Computation of Wellness Sector Gross Value Added 5
Tracing the Production Linkages of the Wellness Sector 5
Integration of Gross Fixed Capital Formation in Wellness Gross Domestic Product 7
Measuring the Employment Attributable to the Wellness Economy 8
Hypothetical Extraction Method 9
Gross Domestic Product Loss Decomposition 10
Employment Loss Decomposition 10
RESULTS AND DISCUSSION 11
The Wellness Economy 11
Wellness Employment 22
CONCLUSION AND MOVING FORWARD 27
APPENDIX 29
REFERENCES 33
TABLES, FIGURES, AND BOX
TABLES
Size of the Wellness Economy for Selected Asian Economies 12
Size of the Wellness Economy in Per Capita Terms for Selected Asian Economies 16
Decomposition of Gross Domestic Product Loss When Wellness Sector is Extracted 21
Wellness Employment for Selected Asian Economies 23
Wellness Economy Labor Productivity for Selected Asian Economies 24
Decomposition of Employment Loss When Wellness Sector is Extracted 27
List of Industries and Activities Considered Part of the Wellness Economy 29
Data Sources 31
Data Sources for Input–Output Table Disaggregation 31
FIGURES
Structure of the Wellness Sector: Share of the Top Five Wellness Industries 17
Disaggregation of Wellness Employment by Country, by Period 18
Country, by Period
20
4
Disaggregation of Wellness Employment by Country, by Period
25
5
Decomposition of Employment Loss When Wellness Sector is Extracted
26
BOX
Wellness Economies and Aging
13
Decomposition of Gross Domestic Product Loss When Wellness Sector is Extracted by
by Country, by Period
ABSTRACT
This paper provides a comprehensive discussion on different, interconnected methods of using the system of national accounts to measure the relevance of a country’s wellness sector
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