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A Guide to Deflating the Input-Output Accounts: Sources and Methods

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A Guide to Deflating the Input-Output Accounts: Sources and Methods Catalogue no. 15F0077GIE System of National Accounts A Guide to Deflating the Input-Output Accounts: Sources and methods 2001 A Guide to Deflating the Input–Output Accounts: Sources and Methods A Guide to Deflating the Input–Output Accounts Sources and Methods Data in many forms Statistics Canada disseminates data in a variety of forms. In addition to publications, both standard and special tabulations are offered. Data are available on the Internet, compact disc, diskette, computer printouts, microfiche and microfilm, and magnetic tape. Maps and other geographic reference materials are available for some types of data. Direct online access to aggregated information is possible through CANSIM, Statistics Canada’s machine-readable database and retrieval system. How to obtain more information Inquiries about this free product should be directed to: Industry Measures and Analysis Division, Statistics Canada, Ottawa, Ontario, K1A 0T6 (telephone: (613) 951-9417), e-mail: [email protected] (or to the Statistics Canada Regional Reference Centre in: Halifax (902) 426-5331 Regina (306) 780-5405 Montréal (514) 283-5725 Edmonton (403) 495-3027 Ottawa (613) 951-8116 Calgary (403) 292-6717 Toronto (416) 973-6586 Vancouver (604) 666-3691 Winnipeg (204) 983-4020 You can also visit our World Wide Web site: http://www.statcan.ca Toll-free access is provided for all users who reside outside the local dialing area of any of the Regional Reference Centres. National enquiries line 1 800 263-1136 National telecommunications device for the hearing impaired 1 800 363-7629 Order-only line (Canada and United States) 1 800 267-6677 Standards of service to the public Statistics Canada is committed to serving its clients in a prompt, reliable and courteous manner and in the official language of their choice. To this end, the agency has developed standards of service which its employees observe in serving its clients. To obtain a copy of these service standards, please contact you nearest Statistics Canada Regional Reference Centre. 2 Statistics Canada - Catatalogue No. 15F0077GIE, 2001 A Guide to Deflating the Input–Output Accounts Sources and Methods TABLE OF CONTENTS Acknowledgements ........................................................................................................................................ 7 Introduction ................................................................................................................................................... 9 Chapter 1 The Accounting Framework ..................................................................................................... 11 Commodity accounts ................................................................................................................... 11 Industry accounts ........................................................................................................................ 11 Gross domestic product by industry ............................................................................................ 13 Basic accounting identities .......................................................................................................... 13 Glossary ...................................................................................................................................... 16 Chapter 2 Sources and Methods Used to Compile Input-Output Accounts at Constant Prices – An Overview ......................................................................................................................... 17 Deflation of goods and services .................................................................................................. 18 Deflation of transport and trade margins,taxes and subsidies ..................................................... 20 Transport margins ............................................................................................................. 20 Trade margins ...................................................................................................................20 Taxes on production .......................................................................................................... 21 Subsidies .......................................................................................................................... 22 Gross domestic product .............................................................................................................. 22 Analysis and reconciliation .......................................................................................................... 26 The price base of input-output time series ................................................................................... 26 Sources of deflators .................................................................................................................... 28 Differences between input-output tables and other components of the Canadian System of National Accounts ....................................................................................................................... 29 Quality evaluation ..............................................................................................................29 Chapter 3 Deflators for Goods .................................................................................................................. 31 Overview ..................................................................................................................................... 31 Introduction ................................................................................................................................. 31 Agricultural products ................................................................................................................... 31 Fishing and trapping products ..................................................................................................... 31 Forestry products ........................................................................................................................ 32 Mining products ........................................................................................................................... 32 Metallic minerals ...............................................................................................................32 Non-metallic minerals ........................................................................................................ 32 Coal, crude oil and natural gas .......................................................................................... 32 Quarry and sand pit products ............................................................................................ 32 Services incidental to mining ............................................................................................. 32 Manufactured goods.................................................................................................................... 33 Print media ........................................................................................................................ 34 Custom work .....................................................................................................................34 Computers, video units and printers .................................................................................. 34 Refined petroleum products .............................................................................................. 34 Aircraft parts and equipment, and shipbuilding .................................................................. 35 Machinery and equipment ................................................................................................. 35 Construction ................................................................................................................................ 35 Electric power, gas and other utilities .......................................................................................... 36 Import deflators ........................................................................................................................... 36 Export deflators ........................................................................................................................... 37 Statistics Canada - Catalogue No. 15F0077GIE, 2001 3 A Guide to Deflating the Input–Output Accounts Sources and Methods Chapter 4 Deflators for Services ............................................................................................................. 39 Overview ..................................................................................................................................... 39 Transportation ............................................................................................................................. 39 Storage and warehousing ........................................................................................................... 40 Communication ........................................................................................................................... 40 Wholesale and retail services ...................................................................................................... 42 Financial services ........................................................................................................................ 42 Central bank services ........................................................................................................ 42 Bank, trust,
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