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Measurement of Output, Value Added, GDP in Canada and the United States: Similarities and Differences

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  • Kishori Lal

Abstract

This report provides, in a summary fashion, similarities and differences in the production accounts of Canada and the United States. The discussion is limited to those issues which affect the level of output, value added and GDP, both at the total economy level and by industry or sector, all at current prices. We have noted 27 issues, distributed under four broad headings: A). An examination of the production boundary recommended by the 1993 SNA and the effect of lack of its full implementation on the level of production in the two countries. B). A review of present practices in the two countries in compiling production account for institutional sectors vis-a-vis the recommendations of the 1993 SNA and their effect on both inter-country and international comparisons. C). A review of the conventions used for valuation of output and value added in the two countries vis-a-vis the recommendations of the 1993 SNA and their impact on their inter-industry comparisons as well as ... Dans le présent rapport, nous décrivons brièvement les similitudes et les écarts entre les comptes de production du Canada et ceux des États-Unis. Notre examen ne porte que sur les questions qui influent sur le niveau de production, la valeur ajoutée et le PIB, au niveau de l’économie dans son ensemble ainsi que de la branche d’activité ou du secteur, tous aux prix courants. Nous avons relevé 27 questions, réparties sous quatre grandes rubriques : A) Examen de la frontière de la production recommandée dans le SCN de 1993 et effet de sa mise en œuvre non intégrale sur le niveau de production dans les deux pays. B) Examen des pratiques actuelles des deux pays d’établissement du compte de production pour les secteurs institutionnels par rapport aux recommandations du SCN de 1993 et leur effet sur les comparaisons entre les deux pays et à l’échelle internationale. C) Examen des conventions appliquées pour évaluer la production et la valeur ajoutée dans les deux pays par rapport aux ...

Suggested Citation

  • Kishori Lal, 2003. "Measurement of Output, Value Added, GDP in Canada and the United States: Similarities and Differences," OECD Statistics Working Papers 2003/4, OECD Publishing.
  • Handle: RePEc:oec:stdaaa:2003/4-en
    DOI: 10.1787/101477551445
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    Cited by:

    1. Macdonald, Ryan, 2007. "Canadian and U.S. Real Income Growth Pre and Post 2000: A Reversal of Fortunes," Economic Analysis (EA) Research Paper Series 2007048e, Statistics Canada, Analytical Studies Branch.
    2. Albert M. Teplin & Rochelle Antoniewicz & Susan Hume McIntosh & Michael G. Palumbo & Genevieve Solomon & Charles Ian Mead & Karin Moses & Brent Moulton, 2006. "Integrated Macroeconomic Accounts for the United States: Draft SNA-USA," NBER Chapters, in: A New Architecture for the US National Accounts, pages 471-540, National Bureau of Economic Research, Inc.
    3. Ralph Kozlow, 2002. "Valuing the Direct Investment Position in U.S. Economic Accounts," BEA Papers 0025, Bureau of Economic Analysis.
    4. Baldwin, John R. Maynard, Jean-Pierre Tanguay, Marc Wong, Fanny Yan, Beiling, 2005. "Comparaison des niveaux de productivité au Canada et aux États-Unis : étude de certains aspects de la mesure," Série de documents de recherche sur l'analyse économique (AE) 2005028f, Statistics Canada, Direction des études analytiques.

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