Table 2
Bureau of Economic Analysis and Statistics Canada (productivity
accounts) depreciation rates by asset type
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| Asset code | Canada asset type | Implicit Bureau of Economic Analysis depreciation rate | Statistics Canada depreciation rate | Asset class1 |
|---|---|---|---|---|
| 1 | Office furniture, furnishing and fixtures | 0.29 | 0.24 | Non-ICTM&E2 |
| 2 | Non-office furniture, furnishings and fixtures | 0.14 | 0.21 | Non-ICTM&E |
| 3 | Motors, generators and transformers | 0.14 | 0.13 | Non-ICTM&E |
| 4 | Computer-assisted process equipment | 0.16 | 0.17 | Non-ICTM&E |
| 5 | Non-computer-assisted process equipment | 0.16 | 0.16 | Non-ICTM&E |
| 6 | Communication equipment | 0.14 | 0.22 | ICT M&E |
| 7 | Tractors and heavy construction equipment | 0.16 | 0.17 | Non-ICTM&E |
| 8 | Computers, hardware and word processors | 0.5 | 0.47 | ICT M&E |
| 9 | Trucks, truck tractors, truck trailers and parts | 0.22 | 0.23 | Non-ICTM&E |
| 10 | Automobiles and major replacement parts | 0.22 | 0.28 | Non-ICTM&E |
| 11 | Other machinery and equipment | 0.18 | 0.2 | Non-ICTM&E |
| 12 | Electrical equipment and scientific devices | 0.16 | 0.22 | Non-ICTM&E |
| 13 | Other transportation equipment | 0.07 | 0.1 | Non-ICTM&E |
| 14 | Pollution abatement and control equipment | 0.07 | 0.15 | Non-ICTM&E |
| 15 | Software | 0.49 | 0.55 | ICT M&E |
| 16 | Plants for manufacturing | 0.03 | 0.09 | Buildings |
| 17 | Farm building, garages and warehouses | 0.03 | 0.08 | Buildings |
| 18 | Office buildings | 0.03 | 0.06 | Buildings |
| 19 | Shopping centres and accommodations | 0.03 | 0.07 | Buildings |
| 20 | Passenger terminals, warehouses | 0.03 | 0.07 | Buildings |
| 21 | Other buildings | 0.03 | 0.06 | Buildings |
| 22 | Institutional building construction | 0.02 | 0.06 | Buildings |
| 23 | Transportation engineering construction | 0.02 | 0.07 | Engineering |
| 24 | Electric power engineering construction | 0.02 | 0.06 | Engineering |
| 25 | Communication engineering construction | 0.02 | 0.12 | Engineering |
| 26 | Downstream oil and gas engineering facilities | 0.07 | 0.07 | Engineering |
| 27 | Upstream oil and gas engineering facilities | 0.07 | 0.13 | Engineering |
| 28 | Other engineering construction | 0.02 | 0.08 | Engineering |
1. The four asset classes used in this paper.
2. Non-information and communications technology machinery and equipment.
Sources: Statistics Canada, 2007, Depreciation Rates for the Productivity Accounts; and Bureau of Economic Analysis, 2003, Fixed Assets and Consumer Durable Goods in the United States, 1925-97.
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