Table 2A.4
Measurement of Gross Domestic Product by the income approach in the Input-Output Tables-Fictive estimates
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Output matrix | |||||||||
---|---|---|---|---|---|---|---|---|---|
Industries | Total | Empty cell | |||||||
Farming | Milling | Baking | |||||||
Goods and services |
Empty cell | ||||||||
Wheat |
150 | 0 | 0 | 150 | |||||
Flour |
0 | 165 | 0 | 165 | |||||
Bread |
0 | 0 | 200 | 200 | |||||
Seed and fertilizer |
0 | 0 | 0 | 0 | |||||
Profits |
0 | 0 | 0 | 0 | |||||
Wages |
0 | 0 | 0 | 0 | |||||
Total |
150 | 165 | 200 | 515 | |||||
Use matrix (input) and final demand matrix | |||||||||
Industries | Total intermediate inputs | Final demand categories | Uses and final demand | ||||||
Farming | Milling | Baking | Personal | Exports | Imports | Total | |||
Goods and services |
Empty cell | ||||||||
Wheat |
0 | 100 | 0 | 100 | 0 | 50 | 0 | 50 | 150 |
Flour |
0 | 0 | 130 | 130 | 35 | 0 | 0 | 35 | 165 |
Bread |
0 | 0 | 0 | 0 | 200 | 0 | 0 | 200 | 200 |
Seed and fertilizer |
15 | 0 | 0 | 15 | 0 | 0 | -15 | -15 | 0 |
Profits |
20 | 20 | 10 | 50 | 0 | 0 | 0 | 0 | 501 |
Wages |
115 | 45 | 60 | 220 | 0 | 0 | 0 | 0 | 2201 |
Total |
150 | 165 | 200 | 515 | 235 | 50 | -15 | 270 | Empty cell |
1. The income-based GDP is the sum of primary inputs in the final demand matrix ($0 + $0 = $0) and those in the use (input) matrix ($50 + $220 = $270). Thus, GDP is $0 + $270 = $270. |
Source: Guide to the Income and Expenditure Accounts, Statistics Canada, catalogue no.13-017-X
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