Multifactor Productivity Measurement at Statistics Canada
This paper describes the evolution of the Multifactor Productivity Program launched at Statistics Canada in 1987 and the improvements made in multifactor productivity measurement since then. The improvements were made in response to developments in the economic literature, better data sources, and the needs of the user community. The paper also summarizes research that uses alternate data and methodologies to assess the accuracy of the Multifactor Productivity Program and to provide insights into areas that traditional international multifactor productivity programs omit. Finally, the paper outlines future directions that are being contemplated to further improve the measurement of productivity at Statistics Canada.
|Date of creation:||28 May 2013|
|Date of revision:|
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