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STS523 Shazura Z. A. et al.



                          Harnessing the value of administrative data: A
                                    Central Bank’s experience
                     Shazura Zainol Abidin, Basyirah Mohd Khairi, Chen Tze Ling
                                Bank Negara Malaysia, Kuala Lumpur

            Abstract
            Over the past few decades, the use of administrative data has witnessed a
            growing  demand  and  interest  globally,  due  to  the  large  volume  of  data
            available and the low-cost nature of the collection process.  In Malaysia, the
            establishment of institutional arrangements between Bank Negara Malaysia
            (the  Bank)  and  several  government  agencies,  mainly  National  Registry
            Department  (JPN),  National  Property  Information  Centre  (NAPIC),  etc.  has
            enabled the Bank to access a larger, population-based administrative records
            collected by these official compilers. The enhanced and enlarged scope of
            information  resulting  from  integration  of  these  administrative  data  with
            periodical reports and published information, is indeed a value add to support
            policy formulation, analysis and surveillance by the Bank.  This paper aims to
            provide an overview of the Bank’s experience in leveraging on administrative
            records as an alternative and supplementary source of data to further enhance
            and  strengthen  official  findings,  analyses  and  interpretations  as  well  as  to
            facilitate the Bank to assume the role as a central bank. It also aims to highlight
            the  usage  of  administrative  data  by  the  Bank  based  on  the  existing
            arrangements as well as upcoming initiatives. The challenges including legal,
            policy,  confidentiality,  and  technical  issues  will  be  discussed  to  address
            limitations, improve efficiency and strengthen institutional engagements in
            maximising the use of administrative data for the benefit of the Bank and the
            nation as a whole.

            Keywords
            Supplementary; institutional arrangement; entity; property; individual

            1.  Introduction
                Many countries worldwide are increasingly using administrative data to
            improve  statistical  coverage  in  analysis  and  statistical  publications.
            Administrative data refers to data collected by government bodies or other
            organisations in their day-to-day operations, where the data collection is not
            primarily meant for statistical purposes, which can be leveraged to enhance
            the  quality  of  national  statistics  significantly,  thus  contributing  to  better
            policymaking and economic performance. The benefits of using administrative
            data as an alternative or complementary source includes reduction of cost,




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