Table 10
Impact of operating leases on annual MFP growth, business industries, 1997 to 2008
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Industry (NAICS code) | Unadjusted MFP growth | Adjusted MFP growth | Difference | Average nominal GDP share |
---|---|---|---|---|
percent | percentage points | percent | ||
Agriculture (11) | 3.45 | 3.45 | 0.00 | 2.65 |
Mining (21) | -4.71 | -4.69 | 0.02 | 9.81 |
Utilities (22) | 1.21 | 1.21 | 0.00 | 3.16 |
Construction (23) | 0.75 | 0.83 | 0.08 | 8.02 |
Manufacturing (31, 32, 33) | 0.76 | 0.74 | -0.02 | 20.33 |
Wholesale trade (41) | 2.25 | 2.26 | 0.01 | 6.81 |
Retail trade (44, 45) | 1.92 | 2.02 | 0.10 | 7.53 |
Transportation (48, 49) | -0.37 | -0.46 | -0.09 | 6.10 |
Information (51) | 1.83 | 1.81 | -0.02 | 4.57 |
FIRE (52, 53, 55) | -0.15 | 0.18 | 0.33 | 10.71 |
Professional services (54) | 0.16 | -0.08 | -0.24 | 6.51 |
Administrative (56) | 0.07 | 0.10 | 0.03 | 3.39 |
Arts, entertainment (71) | -0.88 | -0.97 | -0.09 | 1.02 |
Accommodation, food (72) | 0.50 | 0.56 | 0.07 | 3.16 |
Other private (61, 62, 81) | -1.49 | -1.79 | -0.31 | 6.25 |
Notes: FIRE: finance, insurance, and real estate; GDP: gross domestic product; MFP: multifactor productivity; NAICS: North American Industry Classification System. Authors' calculations. Sources: Statistics Canada, input-output tables and Canadian Productivity Accounts. |
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