OECD Statistics Working Papers 2003/04

Measurement of Output, , GDP in Canada and the United Kishori Lal States: Similarities and Differences

https://dx.doi.org/10.1787/101477551445

Unclassified STD/DOC(2003)4

Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 24-Jun-2003

______English - Or. English STATISTICS DIRECTORATE

Unclassified STD/DOC(2003)4

MEASUREMENT OF OUTPUT, VALUE ADDED, GDP IN CANADA AND THE UNITED STATES: SIMILARITIES AND DIFFERENCES

Kishori Lal*

May 2003

*Associate Assistant Chief Statistician Statistics Canada

I am deeply grateful for the very generous help and cooperation and detailed comments and clarifications provided by many colleagues at the BEA, particularly Brent Moulton (who organised most of the comments), Sumiye Okubo, Bob Yuskavage, Brooks Robinson, Ann Lawson, Mark Planting, and Karen Moses and at Statistics Canada, particularly Abe Tarasofsky, Karen Wilson, Yusuf Siddiqi and Trish Horricks, in the preparation of this report. However, the views expressed here are entirely mine and may not be attributed to any of the colleagues who helped me or to Statistics Canada or BEA.

English Or. - English

JT00146598

Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format

STD/DOC(2003)4

The OECD Statistics Working Paper Series – managed by the OECD Statistics Directorate – is designed to make available in a timely fashion and to a wider readership selected studies prepared by staff in the Secretariat or by outside consultants working on OECD projects. The papers included are of a technical, methodological or statistical policy nature and relate to statistical work relevant to the organisation. The Working Papers are generally available only in their original language – English or French – with a summary in the other.

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2 STD/DOC(2003)4

MEASUREMENT OF OUTPUT, VALUE ADDED, GDP

IN CANADA AND THE UNITED STATES: SIMILARITIES AND DIFFERENCES

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 international comparisons. D). A review of the present conventions in the 1993 SNA and differentiate those which have become un-aligned with the economic reality in the world, thus may be changed.

Dans le présent rapport, nous décrivon