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

Author

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  • Beckstead, Desmond
  • Burrows, Sean
  • 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, Sean & 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://www5.statcan.gc.ca/olc-cel/olc.action?ObjId=11-622-M2007015&ObjType=46&lang=en&limit=0
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. Baldwin, John R. & Beckstead, Desmond & Gellatly, Guy & Peters, Alice & 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. Baldwin, John R. & Peters, Alice, 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.
    5. 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.
    6. 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 U.S. National Accounts, pages 439-470 National Bureau of Economic Research, Inc.
    7. 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.
    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.
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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.

    More about this item

    Keywords

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

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