New Economy: Using National Accounting Architecture to Estimate the Size of the High-technology Economy
AbstractThis paper illustrates how the statistical architecture of Canada's System of National Accounts can be utilized to study the size and composition of a specific economic sector. For illustrative purposes, the analysis focuses on the information and communications technology (ICT) sector, and hence, on the set of technology-producing industries and technology outputs most commonly associated with what is often termed the high-technology economy. Using supply and use tables from the input-output accounts, we develop integrated ICT industry and commodity classifications that link domestic technology producers to their principal commodity outputs. We then use these classifications to generate a series of descriptive statistics that examine the size of Canada's high-technology economy along with its underlying composition. In our view, these integrated ICT classifications can be used to develop a richer profile of the high-technology economy than one obtains from examining its industry or commodity dimensions in isolation.
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Bibliographic InfoPaper provided by Statistics Canada, Economic Analysis Division in its series The Canadian Economy in Transition with number 2007015e.
Date of creation: 21 Dec 2007
Date of revision:
Economic accounts; Information and communications technology; Input-output accounts; Information and communications technology sector;
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