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Karen Wilson

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Productivity Measurement in the CSNA Karen Wilson Assistant Chief Statistician National Accounts & Analytic Studies Statistics Canada History of KLEMS in Canada ... – PowerPoint PPT presentation

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Title: Karen Wilson


1
Productivity Measurement in the CSNA
  • Karen Wilson
  • Assistant Chief Statistician
  • National Accounts Analytic Studies
  • Statistics Canada

2
History of KLEMS in Canada
  • Canadian KLEMS database published In June 2007
  • NAICS classification system
  • 1961 to 2003
  • 100 industries
  • ISIC based dataset for EU-KLEMS (May 2008)
  • Updated published annually with revision cycle
    of SNA

3
Labour Services
  • Hours worked by industry are estimated using high
    level industry benchmarks of actual hours
    worked (household survey) and allocated to
    detailed industries based on establishment level
    payroll survey data.
  • Compositional effects are calculated by
    education, experience and class of worker
    benchmarked to quinquennial census
  • The L from this new methodology has been
    adopted as the official measure of hours worked
    to go with the Canadian SNA and now both
    quarterly labour productivity and annual regional
    labour productivity are part of the product line
    of the official accounts

4
Capital Services
  • New estimates of Capital Stock by type of asset
    by industry have been developed for the new and
    improved KLEMS.
  • Capital expenditure survey collects investment
    flows, expected asset lives and discard prices by
    type of asset
  • Both age/price and age/efficiency point to
    geometric patterns for Canada
  • Capital services are based on these new estimates
    the new stocks will be integrated into the
    official CSNA in 2012 with adoption of SNA2008

5
Advantages of embedding KLEMS
  • Feedback loop on Output, value-added, and
    intermediate inputs for SNA (data quality
    assurance)
  • Analytic Framework for setting priorities for
    improvements in the production statistics
  • Analytic Framework to road test new variables
    (RD capital, other intangibles, resource
    productivity)
  • Productivity research consistent with macro
    policy analysis

6
Upcoming Developments
  • Full integration of capital stocks/flows and
    capital services with SNA (2012)
  • Release of more detail especially on capital
  • Renovation of Input Output tables in Canada to
    include more services industries
  • KLEMS as the main time series database for
    industry accounts
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