Table 4
Average relative Canadian-U.S. levels of investment and capital
intensities, by asset class, business sector, 1987 to 2003 (1997
dollars)
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Investment-to-gross domestic product ratio | Capital-to-gross domestic product ratio | |||
---|---|---|---|---|
Statistics Canada depreciation | Bureau of Economic Analysis depreciation | Own depreciation | ||
United States =1 | ||||
ICT 1 machinery and equipment | 0.78 | 0.75 | 0.74 | 0.61 |
Non-ICT machinery and equipment | 1.17 | 1.20 | 0.96 | 0.86 |
Engineering | 3.42 | 3.38 | 2.33 | 1.38 |
Building | 1.04 | 1.01 | 0.95 | 0.58 |
Total | 1.23 | 1.32 | 1.17 | 0.78 |
1. Information and communications technology.
Note: Results shown are from authors' calculations.
Sources: Statistics Canada; and Bureau of Economic Analysis.
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