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• 1. Capital Expenditure Price Statistics Archived

  Table: 62-007-X

  Description:

  The publication contains price indexes for expenditures on capital investment, including machinery and equipment by industry of purchase and by commodity group, construction (new housing, apartment buildings and non-residential buildings), inputs used in construction (materials and wage rates) as well as special purchase price indexes for telecommunications and electric utilities. Included are highlights and technical notes.

  Release date: 2013-10-31

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• 2. Productivity Growth and Capacity Utilization Archived

  Articles and reports: 11F0027M2013085

  Geography: Canada

  Description:

  This paper presents a non-parametric approach for adjusting the multifactor productivity growth (MFPG) measure for variations in capacity utilization over time. In the framework developed here, a capital utilization measure is derived from the economic theory of production and is estimated by comparing the ex-post return with the ex-ante expected return on capital. The non-parametric approach is then compared with the parametric approach and the standard growth accounting framework. Both the non-parametric and parametric approaches correct for the cyclical bias in the standard MFPG measure, but the non-parametric approach offers more practical adjustment for capacity utilization, because it is easier to implement and more in line with the non-parametric approach long used by statistical agencies and researchers.

  Release date: 2013-07-23

Data (1) ((1 result))

• 1. Capital Expenditure Price Statistics Archived

  Table: 62-007-X

  Description:

  The publication contains price indexes for expenditures on capital investment, including machinery and equipment by industry of purchase and by commodity group, construction (new housing, apartment buildings and non-residential buildings), inputs used in construction (materials and wage rates) as well as special purchase price indexes for telecommunications and electric utilities. Included are highlights and technical notes.

  Release date: 2013-10-31

Analysis (1) ((1 result))

• 1. Productivity Growth and Capacity Utilization Archived

  Articles and reports: 11F0027M2013085

  Geography: Canada

  Description:

  This paper presents a non-parametric approach for adjusting the multifactor productivity growth (MFPG) measure for variations in capacity utilization over time. In the framework developed here, a capital utilization measure is derived from the economic theory of production and is estimated by comparing the ex-post return with the ex-ante expected return on capital. The non-parametric approach is then compared with the parametric approach and the standard growth accounting framework. Both the non-parametric and parametric approaches correct for the cyclical bias in the standard MFPG measure, but the non-parametric approach offers more practical adjustment for capacity utilization, because it is easier to implement and more in line with the non-parametric approach long used by statistical agencies and researchers.

  Release date: 2013-07-23

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