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New Economy: Using National Accounting Architecture to Estimate the Size of the High-technology Economy

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  • Beckstead, Desmond Burrows, Sëan Gellatly, Guy

Abstract

This 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.

Suggested Citation

  • Beckstead, Desmond Burrows, Sëan Gellatly, Guy, 2007. "New Economy: Using National Accounting Architecture to Estimate the Size of the High-technology Economy," The Canadian Economy in Transition 2007015e, Statistics Canada, Economic Analysis Division.
    • Handle: RePEc:stc:stcp1e:2007015e
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    File URL: http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?catno=11-622-M2007015&lang=eng
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    References listed on IDEAS

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    1. Sabourin, David Baldwin, John R. Smith, David, 2003. "Impact of Advanced Technology Use on Firm Performance in the Canadian Food Processing Sector," Economic Analysis (EA) Research Paper Series 2003012e, Statistics Canada, Analytical Studies Branch.
    2. Beckstead, Desmond Brown, W. Mark, 2005. "An Anatomy of Growth and Decline: High-tech Industries Through the Boom and Bust Years, 1997-2003," Insights on the Canadian Economy 2005010e, Statistics Canada, Economic Analysis Division.
    3. Peters, Alice & Beckstead, Desmond & Gellatly, Guy & Baldwin, John R. & Yates, Janice, 2000. "Patterns of Corporate Diversification in Canada: An Empirical Analysis," Analytical Studies Branch Research Paper Series 2000150e, Statistics Canada, Analytical Studies Branch.
    4. Beckstead, Desmond Brown, W. Mark Gellatly, Guy Seaborn, Catherine, 2003. "A Decade of Growth: The Emerging Geography of New Economy Industries in the 1990s," The Canadian Economy in Transition 2003003e, Statistics Canada, Economic Analysis Division.
    5. John R. Baldwin & Tarek M. Harchaoui, 2006. "The Integration of the Canadian Productivity Accounts within the System of National Accounts: Current Status and Challenges Ahead," NBER Chapters, in: A New Architecture for the US National Accounts, pages 439-470, National Bureau of Economic Research, Inc.
    6. Robson, M. & Townsend, J. & Pavitt, K., 1988. "Sectoral patterns of production and use of innovations in the UK: 1945-1983," Research Policy, Elsevier, vol. 17(1), pages 1-14, February.
    7. Tarek M. Harchaoui & Faouzi Tarkhani, 2006. "Whatever happened to Canada-US economic growth and productivity performance in the information age?," OECD Economic Studies, OECD Publishing, vol. 2005(1), pages 127-165.
    8. Baldwin, John R. Sabourin, David, 2004. "The Effect of Changing Technology Use on Plant Performance in the Canadian Manufacturing Sector," Economic Analysis (EA) Research Paper Series 2004020e, Statistics Canada, Analytical Studies Branch.
    9. Harchaoui, Tarek Tarkhani, Faouzi, 2004. "Whatever Happened to Canada-United States Economic Growth and Productivity Performance in the Information Age?," Economic Analysis (EA) Research Paper Series 2004025e, Statistics Canada, Analytical Studies Branch.
    10. Peters, Alice & Baldwin, John R., 2001. "Innovation and Connectivity: The Nature of Market Linkages and Innovation Networks in Canadian Manufacturing Industries," Analytical Studies Branch Research Paper Series 2001165e, Statistics Canada, Analytical Studies Branch.
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    Cited by:

    1. Baldwin, John R. Gu, Wulong, 2008. "Outsourcing and Offshoring in Canada," Economic Analysis (EA) Research Paper Series 2008055e, Statistics Canada, Analytical Studies Branch.

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    Keywords

    Economic accounts; Information and communications technology; Input-output accounts; Information and communications technology sector;
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