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  • Articles and reports: 16-201-X201300011875
    Description:

    The article "Measuring ecosystem goods and services in Canada" presents preliminary results achieved through a two-year interdepartmental project to develop experimental ecosystem accounts and the required statistical infrastructure. It provides an overview of ecosystem accounting and valuation and presents several measures of the quantity and quality of ecosystems and ecosystem goods and services (EGS). These measures focus on land cover, human landscape modification, ecosystem potential of the boreal forest, biomass extraction, marine and coastal EGS, and wetland EGS. The report also includes a case study on the Thousand Islands National Park exploring monetary valuation of EGS and concludes with a research agenda for future work on this topic.

    Release date: 2013-11-29

  • Articles and reports: 11-626-X2013031
    Geography: Canada
    Description:

    This article in the Economic Insights series reports the impact of correcting for variations in capacity utilization on multifactor productivity growth in Canadian business industries. It is based on a recently released Statistics Canada research paper. Results show that multifactor productivity growth is procyclical for almost all business industries, and that such pro-cyclicality largely reflects variations in capacity utilization in some industries, especially in manufacturing and mining.

    Release date: 2013-10-04

  • 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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Articles and reports (3)

Articles and reports (3) ((3 results))

  • Articles and reports: 16-201-X201300011875
    Description:

    The article "Measuring ecosystem goods and services in Canada" presents preliminary results achieved through a two-year interdepartmental project to develop experimental ecosystem accounts and the required statistical infrastructure. It provides an overview of ecosystem accounting and valuation and presents several measures of the quantity and quality of ecosystems and ecosystem goods and services (EGS). These measures focus on land cover, human landscape modification, ecosystem potential of the boreal forest, biomass extraction, marine and coastal EGS, and wetland EGS. The report also includes a case study on the Thousand Islands National Park exploring monetary valuation of EGS and concludes with a research agenda for future work on this topic.

    Release date: 2013-11-29

  • Articles and reports: 11-626-X2013031
    Geography: Canada
    Description:

    This article in the Economic Insights series reports the impact of correcting for variations in capacity utilization on multifactor productivity growth in Canadian business industries. It is based on a recently released Statistics Canada research paper. Results show that multifactor productivity growth is procyclical for almost all business industries, and that such pro-cyclicality largely reflects variations in capacity utilization in some industries, especially in manufacturing and mining.

    Release date: 2013-10-04

  • 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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