Statistics of the Economic Regions of Ontario and Quebec PDF Download
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Author: Canada. Dominion Bureau of Statistics
Publisher:
ISBN:
Category : Ontario
Languages : en
Pages : 162
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Book Description
Author: Canada. Dominion Bureau of Statistics
Publisher:
ISBN:
Category : Ontario
Languages : en
Pages : 162
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Book Description
Author: Canada. Bureau de la statistique
Publisher:
ISBN:
Category :
Languages : en
Pages : 162
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Book Description
![Economic Survey [on the Economic Regions of the Province] PDF](https://books.google.com/books/content/images/frontcover/bXoXAQAAIAAJ?fife=w80-h100)
Author: Ontario. Dept. of Economics and Development
Publisher:
ISBN:
Category :
Languages : en
Pages : 128
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Book Description
Author: Pierre Camu
Publisher: MacMillan of Canada ; New York : St. Martin's Press
ISBN:
Category : Canada
Languages : en
Pages : 440
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Book Description
Author: Canada. Dominion Bureau of Statistics
Publisher:
ISBN:
Category : Northwest, Canadian
Languages : en
Pages : 174
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Book Description
Author: Tim Hazledine
Publisher: The Council
ISBN:
Category : Canada
Languages : en
Pages : 104
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Book Description
Author: Canada. Department of Regional Economic Expansion
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 14
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Book Description
Author: Statistics Canada
Publisher: Statistics Canada, Demography Division
ISBN:
Category : Canada
Languages : en
Pages : 40
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Book Description
This publication discusses the population growth trends of this century.
Author: Donald J. Savoie
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 230
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Book Description
Author: Canada. Economic and Fiscal Policy Branch
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In contrast to many countries, such as the United States, it is easier to monitor actual changes in Canadian economic activity because Statistics Canada reports an estimate of the real GDP at factor cost each month. But this measure of the state of economic activity, including its quarterly estimate at market prices, is not available for the provinces and territories. The estimates of real GDP for the jurisdictions are only reported annually by the statistical agency and with a lag of several months after the end of the reference year. Thus, monitoring quarter-to-quarter changes in overall economic activity for most jurisdictions is not possible. This paper introduces new quarterly composite indexes of coincident indicators of economic activity for each province and two of the three territories in order to assist in monitoring developments in regional economies. The indexes are built using the methodology developed at the U.S. NBER. Our results indicate that the composite indexes are generally more highly correlated with real GDP growth than commonly used high-frequency regional economic indicators. Secondly, the results show that the composite indexes perform well in predicting provincial and territorial real GDP growth over the 1980s and 1990s. On a quarterly basis, the composite indexes for Qub̌ec and Ontario explain nearly 60 per cent of the variance in their respective real GDP growth. On an annual basis, the composite indexes for Qub̌ec, Ontario, Alberta and British Columbia - four provinces representing 90 per cent of Canadian real GDP ¡ predict about 80 per cent or more of the variance of real GDP growth. Thirdly, the results suggest that the characteristics of the business cycle for some jurisdictions are different from the national business cycle. This is attributable, in part, to the fact that their industrial structure differs from the national structure and the existence of local exogenous shocks. In brief, the composite indexes of coincident indicators will enable an improved monitoring and assessment of the strength and direction of regional economic growth in Canada. Furthermore, the indexes will be timely and available with a lag of only two months after the reference quarter. Lastly, the indexes are intended to provide only an indication of the strength and direction of regional economic activity. The rate of growth of a composite index by itself is meaningless and therefore is not and should never be used as a forecast of growth in real GDP.
