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Historical revision of the Provincial Economic Accounts: review
A major revision of the Provincial Economic Accounts (PEA) was published at the time of the official release on May 14, 1998. The revision covered the time period 1992 to 1997 and brought the PEA in line with the National Economic and Financial Accounts (NEFA) published early in March. The NEFA had undergone a major historical revision which achieved three goals.
- Retool the Canadian System of National and Provincial Accounts in line with the new international guidelines for national accounting released in 1993 (System of National Accounts 1993, published jointly by the Commission of European Communities, the International Monetary Fund, the Organization for Economic Cooperation and Development, the United Nations and the World Bank ISBN 92-1-161352-3). A discussion of some of the major issues relating to conversion to the new standards.
- Rebase the constant price data and price indexes to the new base year 1992. A discussion of the impact of rebasing.
- Incorporate statistical revisions relating to new data sources or revised data which had not been used up to this point. This includes revisions which arise from a more comprehensive integration of the various parts of the Canadian System of National and Provincial Accounts.
Not all of the new internationaal guidelines were adopted. A review of the remaining differences between the 1997 historical revisions and the 1993 international guidelines.
The PEA databases and publication formats have changed as a part of this revision process. In particular the Government Sector accounts have been re-structured to reflect the new levels of consolidation used in the NEFA.
What follows is the table layout for the core quarterly PEA product. It includes all the new CANSIM D number identifiers and a concordance to the previous ones.
