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- 1. Leasing Services Industries in the 1990s ArchivedArticles and reports: 63F0002X1998020Description:
Leasing, rather than buying, is increasingly becoming an attractive option for both consumers and businesses. This article looks at the industries that rent or lease: automobiles and trucks; and machinery and equipment. In some instances, the focus turns to the sub-industries comprising these broader industry groups. The article quantitatively examines the industries' financial performances, and employment, remuneration, and output levels from 1991 to 1995. Also examined is the effect of firm size on outcomes in these industries.
Release date: 1998-12-16 - 2. The gambling industry: Raising the stakes ArchivedArticles and reports: 75-001-X19980044037Geography: CanadaDescription:
Since the introduction of casinos and video lottery terminals in the 1990s, growth in gambling has outstripped that of most other industries. This article updates an earlier examination of employment and government revenue for this industry, as well as average household spending on games of chance.
Release date: 1998-12-09 - 3. Job stability ArchivedArticles and reports: 75-001-X19980044042Geography: CanadaDescription:
This article investigates the common claim that jobs are less stable in the service sector. It also contests the view that overall job stability has declined as the economy has shifted toward employment in services. (Adapted from an article in Canadian Economic Observer published in May 1998).
Release date: 1998-12-09 - 4. Business Services. Part 1: Evolution ArchivedArticles and reports: 63F0002X1995001Description:
The significance of business services in the economy and their role in fostering competitiveness has attracted considerable attention in recent years. This paper, the first of a two-part series, examines the evolution of business services in Canada over the last three decades. It draws a demographic profile of this group from an industrial and a geographical perspective, and analyzes its size, structure, output and growth, R & D involvement as well as the sources of demand and supply of business service commodities.
The industrial group is made up of a large number of small firms that produce services to be used primarily as intermediate inputs in the production processes of other industries. Business services industries are labour intensive with high value-added and are predominantly located in metropolitan areas. Their growth has outpaced the economy average by a huge margin. Despite the high level of exports, increasing deficits characterize international trade in business service commodities. Business services account for a significant proportion of R & D performed in Canada. They are not immune to economic downturns.
Release date: 1998-11-20 - 5. Business Services. Part 2: The Human Side ArchivedArticles and reports: 63F0002X1995002Description:
This paper is the second of a two-part series on business services and their role in the Canadian economy. It provides a detailed industrial and geographical profile of employment, illustrates its composition and major characteristics and analyzes its sources of growth by type, gender, occupation, education and other features.
Business services is a dynamic sector with impressive employment growth, considerably higher than the economy average. Growth has been particularly strong in self-employment, part-time and female employment. Much of the growth in employment originates in the computer services industry. The proportion of managerial and professional positions has been growing relative to clerical ones. Employment is heavily concentrated in urban centres. Individuals employed in these industries are better educated and better paid than the average worker.
Release date: 1998-11-20 - Articles and reports: 63F0002X1995003Description:
The funeral services industry touches, inevitably, on everyone's life. In Canada, this is reflected to a great degree by aspects of the industry's economic performance, as well as by the numerous regulations regarding public health and consumer protection. This paper draws from a number of sources to offer a wide-ranging picture of the industry and an outlook toward its future.The paper begins with an outline of the regulatory environment within which the Canadian funeral services industry operates. It then analyses its financial structure.
The industry is characterized by above-average profitability and revenue growth, as well as by low rates of exit and entry and rather limited concentration. The section on industry prices illustrates the potential for deriving average funeral costs from aggregate industry data. This is followed by a brief exposition of market demand, which in this industry's context, is measured by the number of deaths. Demographic projections conclusively point to a robust economic outlook for funeral services, particularly in light of the ageing of the Canadian population.
Release date: 1998-11-20 - 7. The Demand for Telecommunication Services ArchivedArticles and reports: 63F0002X1995005Description:
The new reality in the telecommunication service industry is one of competition among service suppliers for market shares. This paper analyzes and presents information from a survey on the demand and diffusion of telecommunication services by Business Services firms.
Businesses care very much about the prices of these services. At the same time they care about the range and the quality of services offered. They believe that use of such services is indispensable in dealing with their clients and improves their productivity. Currently, the service used the most is facsimile. Large firms use telecommunication services more extensively than others and they are taking full advantage of competition. 61% of the large firms surveyed use at least one alternative supplier. Firms in the computer services industry have a different pattern of use than other industries in the group. There is potential for growth in the use of all services.
Release date: 1998-11-20 - 8. Television: Glorious Past, Uncertain Future ArchivedArticles and reports: 63F0002X1995006Description:
This paper traces the path of television in Canada, from its introduction in 1952 to the present, examines its economics, discusses aspects of its content and takes a glimpse at its future.
Television stations compete more than ever before for advertising dollars. This reflects the increase in the number of stations as well as the emergence of specialty channels. At the same time, technological advancements have expanded the use television to more than just program viewing, while the average viewing time is on the decline. There exists an asymmetry between revenue generation and program expenses. Specifically, the advertising revenues generated by news and information do not cover the cost of production, while drama generates more advertising revenues than is required for its production or purchase.
The multi-channel universe promised by direct to home satellite broadcasting not only threatens even more the advertising revenue of television stations, but exerts further pressure on cable companies as well.
Release date: 1998-11-20 - Articles and reports: 63F0002X1996007Description:
The insurance industry in Canada is at a crossroads. The regulatory authorities are currently exploring whether or not to allow banks to sell insurance products. To gain a better understanding of the impact of such a decision, this paper examines the Canadian property and casualty insurance industry, during the 1987-1992 period. Emphasis is placed on the distinction between the direct insurance and reinsurance markets. The paper also analyzes the industry's market concentration by product line and compares the behaviour and performance of Canadian and foreign-controlled firms.
The analysis reveals a generally competitive market, in which many small firms co-exist with some very large ones. Foreign-controlled firms outnumber their Canadian counterparts, but are on average smaller and account for only one-quarter of the market. There is a substantial number of firms that specialize in a single product. These firms tend to operate in the largest markets, where they can spread the risk either among a large pool of customers, or through reinsurance. No correlation was found between firm size and efficiency.
Release date: 1998-11-20 - Articles and reports: 63F0002X1997010Description:
Temporary help is an integral part of the workforce strategy of many businesses. Temporary help workers may be on the payroll of the organization where they work or they may be employees of the firms in personnel supplier industry, placed in the organization under contract.
The study is an analysis of the personnel supplier industry, commonly known as the temporary help industry. The paper begins with a discussion of the special nature of the industry's product. The role of temporary help in the labour market is compared to just-in-time inventory technology in material handling and bridge financing in the financial markets. It then analyzes the industry's structure in terms of occupations and skill levels, degree of specialization and its determinants, competition at the industry and product levels, major markets and trade. Finally, the growth and cycles in the industry are analyzed in terms of the business demographics, highlighting the effect of firm size and vintage.
Release date: 1998-11-20
Data (1)
Data (1) ((1 result))
- Table: 63-222-XDescription:
This publication contains the principal statistics for businesses providing computer services as a major activity. Data are presented by size group and province, and include class of customer, operating expenses and revenue distribution by type of service. The publication includes data analysis and discussion of survey objectives, questionnaire content, methodology and notes on data quality.
Release date: 1998-02-04
Analysis (29)
Analysis (29) (10 to 20 of 29 results)
- Articles and reports: 63F0002X1997011Description:
This paper describes the financial intermediation activity of insurance companies and its similarities to the activity of the other financial intermediaries. The financial intermediation activity encompasses the issue of financial instruments such as claims, the use of the funds collected to make loans and the acquisition of a variety of other financial assets. An insurance policy is a claim on the insurance company, albeit a contingent one, just as a bank deposit is a claim on the bank.
Several major trends seem to be emerging regarding the product mix of these companies. With regard to life insurance, the decline of whole life policies in favour of term policies for almost 20 years seems to be irreversible. Furthermore, there has been a substantial increase in the share of annuities (especially individual annuities) at the expense of life insurance.
The paper also outlines a cross country comparison of life and non-life insurance industry asset structures. Each type of company establishes its own investment strategy to suit its own needs: life insurance companies prefer long-term assets with returns that maintain purchasing power, and non-life insurance companies generally prefer more liquid assets. Regulation also seems to affect the asset structure at the national and international levels. For a number of countries, including Canada, regulation seems to favour investments in less risky assets, such as government bonds, instead of in the stock market.
Release date: 1998-11-20 - Articles and reports: 63F0002X1998014Description:
This article utilizes information on business startups and closures to examine change and volatility in the service economy. Industries on the cutting edge of technology experience more volatility and are also the fastest growing. Many firms enter the business services and communication industries to seize opportunities offered by technological advances but many are also forced out by the stiff competition. The information-intensive industries (software developers and advertising services firms) are almost twice as volatile as the knowledge-based industries. The latter have low business entry and exit rates because the amount of human capital required to set up a professional practice is large and takes years to acquire.
Release date: 1998-11-20 - 13. How Resilient Is the Services Sector to Recession? ArchivedArticles and reports: 63F0002X1998015Description:
This brief paper looks at how the services sector fared during the 1981/82 and 1990/92 recessions, offering insights into how the sector could be affected in the event of another recession. It examines recession-period changes in the sector's gross domestic product (GDP), employment patterns and workforce remuneration, compared to those in the rest of the economy. The article concludes that during recessions, these indicators of economic health declined less for services than for the rest of the economy, suggesting that recessions have relatively less impact on the services sector.
Release date: 1998-11-20 - Articles and reports: 63F0002X1998016Description:
This article looks at the rapid growth of the architectural, engineering and other scientific and technical services (AES) industry and, when possible, its three sub-industries, from 1982 to 1994. Industry growth, employment and remuneration patterns are compared to those in the overall Canadian economy. The article also examines characteristics of the AES industry's workforce, particularly the employees' education qualifications, occupations and demographic characteristics.
Release date: 1998-11-20 - 15. The Software Development and Computer Services Industry: An Overview of Developments in the 1990s ArchivedArticles and reports: 63F0002X1998017Description:
This article describes and quantifies the growth of Canada's dynamic software and computer services industry in the 1990s. Results show that the industry's ouput has doubled in the 1990s, and that its workforce's size and remuneration levels also grew rapidly. The article explores the industry's three largest growth areas (professional services, data processing services and software products development) and offers insights into why these areas are growing. Also examined are international policy developments affecting the industry, including the Voorburg Group and recent trade agreements. The article also discusses the new North American Industrial Classification System (NAICS) and how it will improve statistical measurements of this, and other, service industries.
Release date: 1998-11-20 - Articles and reports: 63F0002X1998018Description:
The logistics services industry, an emerging component of the services sector, strives to ensure an efficient flow of products through the supply chain. Logistics services have grown in importance with deregulation, technological change, and the greater integration of production and distribution across national boundaries. This article looks at how these factors affected the evolution of logistics services. It also discusses the challenges associated with statistically measuring the emerging logistics services industry.
Release date: 1998-11-20 - Articles and reports: 63F0002X1998019Description:
This paper demonstrates the extent to which jobs are simultaneously created and eliminated in service industries. This job reallocation tends to be higher in knowledge- and information-intensive industries such as business services. However, job reallocation patterns are not necessarily similar across all dynamic industries. This is largely because of differences between various industries': markets; regulatory environments; and abilities to absorb displaced workers into the production of new goods and services. The study further illustrates that high job reallocation causes significant movement of workers between firms and industries, and that this has important implications for training and knowledge flows in the economy.
Release date: 1998-10-28 - Articles and reports: 63-016-X19980023999Geography: CanadaDescription:
Consumer expenditures by households are increasingly a driving force behind economic growth - not only for many individual industries, but also for the overall economy. In 1996, personal expenditures amounted to 58.3% of Canada's nominal gross domestic product (GDP), up from 56.6% in 1986. Aggregate consumer spending patterns are affected by several factors. Consumer tastes can shift over time, as new commodities are introduced and others become outdated. As well, changes in the demographic, economic and social characteristics of consumers can affect consumer decisions, as can shifts in the relative prices, utilities and quality levels of different goods and services.
Release date: 1998-10-15 - 19. Are jobs less stable in the services sector? ArchivedArticles and reports: 63-016-X19980024000Geography: CanadaDescription:
It is common knowledge that the services sector has over the past few decades become the largest employer in Canada. From 1976 to 1996, the services industries have grown from 67% to 75% of employment, with most of this growth taking place in consumer and business services.
Release date: 1998-10-15 - Articles and reports: 63-016-X19980013842Geography: CanadaDescription:
This study presents estimates of job reallocation, calculated as gross job gains plus gross job losses; compares job reallocation in the service sector to that in the goods-producing sector; explains why innovative industries do not necessarily have similar employment patterns; and examines why some industries that are less technologically sophisticated appear to exhibit the same job reallocation patterns as some innovative industries.
Release date: 1998-07-10
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