Multifactor productivity growth estimates and industry productivity database, 1961 to 2013
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Released: 2015-02-03
Multifactor productivity growth estimates for the major business sectors for 1961 to 2013 and data from the industry productivity database for 1961 to 2011 are now available.
Multifactor productivity growth estimates for the major business sectors provide time series data on multifactor productivity based on value added and related variables: value-added, capital input and labour input in the aggregate business sector and major sub-sectors from 1961 to 2013.
The industry productivity database provides time series data for multifactor productivity based on gross output and value added, and related variables: gross output, value added, and inputs that include capital, labour and intermediate inputs according to the North American Industry Classification System for 1961 to 2011.
The data reflect the revisions made to multifactor productivity growth and related variables in the business sector, and in individual industries introduced on April 23, 2014. The revisions resulted from the historical revision of the Canadian System of National Accounts released October 1, 2012, and changes in the estimation of capital input made to improve its consistency with the industry multifactor productivity growth estimates.
The data also reflect the latest input-output tables for 2010, published in The Daily on November 5, 2014; revisions of fixed assets, published in The Daily on November 27, 2014; and revisions of hours worked for 2010 to 2012, published in The Daily on December 5, 2014.
The revision of fixed assets released on November 27, 2014, adopted more aggregated asset and industry classifications used in the final demand table of the input-output accounts, and used the updated depreciation rates as documented in "An Update on Depreciation Rates for the Canadian Productivity Accounts," as part of The Canadian Productivity Review series (Catalogue number15-206-X), released on January 26, 2015. The combined effects of those changes on multifactor productivity growth estimates are small for the overall business sector and for individual industries.
Note to readers
Multifactor productivity measures at Statistics Canada are derived from a growth accounting framework that allows analysts to isolate the effects of increases in input intensity and skills upgrading on the growth in labour productivity. The residual portion of labour productivity growth that is not attributable to increases in input intensity and skills upgrading, is called 'growth in multifactor productivity.' It measures the efficiency with which the inputs are used in production. Growth in this area is often associated with technological change, organizational change or economies of scale.
A description of the method used to derive productivity measures can be found in the "User Guide for Statistics Canada's Annual Multifactor Productivity Program," as part of The Canadian Productivity Review series (Catalogue number15-206-X) available from Browse by the key resource module of website under Publications.
The documentation about the revisions to multifactor productivity growth estimates can be found in "Revisions to the Multifactor Productivity Accounts" as part of The Canadian Productivity Review series (Catalogue number15-206-X) available from our website.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).
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