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Alberta economic multipliers

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Economic multipliers are used to assess the impacts on the economy of an exogenous change in final demand or output of a given industry. Impacts are estimated in terms of total output, gross... More ≫

Description

Economic multipliers are used to assess the impacts on the economy of an exogenous change in final demand or output of a given industry. Impacts are estimated in terms of total output, gross domestic product, employment and labour income. These multipliers reflect the structure of the Alberta economy and industry linkages during the reference year. Each publication contains multipliers specific to various industries and commodities for two models: the "Open" model covers direct and indirect impacts while the "Closed" model covers direct, indirect and induced impacts. Note regarding the 2020 input-output multipliers: Statistics Canada recommended that due to the COVID pandemic in 2020, the structure of the economy was significantly altered. The 2020 input-output multipliers and input-output models should be used for analysis of economic impacts in 2020. However, for economic impact analysis for more current periods, the 2019 input-output multipliers and input-output models may be...

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Real Gross Domestic Product for Primary Agriculture Industries, Alberta and Canada

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This Alberta Official Statistic presents annual per cent change for Alberta and Canada real Gross Domestic Product (GDP) for Primary Agriculture Industries, 2008-2014. Gross Domestic Product (GDP)... More ≫

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This Alberta Official Statistic presents annual per cent change for Alberta and Canada real Gross Domestic Product (GDP) for Primary Agriculture Industries, 2008-2014. Gross Domestic Product (GDP) is a measure of the economic production which takes place within a geographical area. The term "gross" in GDP means that capital consumption costs, that is the costs associated with the depreciation of capital assets (buildings, machinery and equipment), are included. The production estimates are prepared for 215 separate industries using the North American Industrial Classification System (NAICS). Real GDP is gross domestic product adjusted for price changes. By taking out the impact of fluctuation in prices, real GDP allows people to more accurately measure the changes in total output and service for a jurisdiction. GDP measures are part of the Canadian System of National Accounts (SNA). The SNA provides a conceptually integrated framework of statistics for studying the state and...

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