New Economy: Using National Accounting Architecture to Estimate the Size of the High-technology Economy

Beckstead, Desmond Burrows, Sëan Gellatly, Guy

The Canadian Economy in Transition from Statistics Canada, Economic Analysis Division

Abstract: This paper illustrates how the statistical architecture of Canada's System of National Accounts can be utilized to study the size and composition of a specific economic sector. For illustrative purposes, the analysis focuses on the information and communications technology (ICT) sector, and hence, on the set of technology-producing industries and technology outputs most commonly associated with what is often termed the high-technology economy. Using supply and use tables from the input-output accounts, we develop integrated ICT industry and commodity classifications that link domestic technology producers to their principal commodity outputs. We then use these classifications to generate a series of descriptive statistics that examine the size of Canada's high-technology economy along with its underlying composition. In our view, these integrated ICT classifications can be used to develop a richer profile of the high-technology economy than one obtains from examining its industry or commodity dimensions in isolation.

Keywords: Economic accounts; Information and communications technology; Input-output accounts; Information and communications technology sector (search for similar items in EconPapers)
Date: 2007-12-21
New Economics Papers: this item is included in nep-ict
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp1e:2007015e

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