Alberta Gross Domestic Product (GDP) for Agri-Food Industries In Chained (2007) Dollars

Date Modified

2017-01-31

Update Frequency

Annual

Creator

Publisher

Agriculture and Forestry

Topic

Start Date

2008-01-01

End Date

2015-12-31

Spatial Coverage

Alberta

Date Created

2015-08-01

Date Added to catalogue

2015-12-15T22:35:01.599275

Date Issued

2015-09-01

Date Modified

2017-01-31

Usage Considerations

Alberta Agriculture Statistics - Economic Indicators is compiled by the Alberta Agriculture and Forestry, Statistics and Data Development Branch.

Data Source from Statistics Canada, CANSIM Database Table Number 379-0030. This does not constitute an endorsement by Statistics Canada of this product.

Note: - The totals for agri-food industries shown in this table include agriculture industries and food manufacturing industries. -For the gross domestic product (GDP) by industry refer to CANSIM table 379-0031. - The official measure of GDP published by Statistics Canada is expressed in Chained Fisher 2007 reference dollars. The Chained Fisher measure is an aggregation formula that more accurately weights the contribution of each industry in the total economy (or an aggregate of sum set of elemental industries) according to more current weights instead of weights from some fixed year in the past. To arrive at the Chained Fisher measure, a Chained index of change for each industry and for any chosen aggregate of industries is first derived, individually; the aggregates are not a simple sum of the component industries. This index is then converted to a dollar series by choosing a ""reference year"" (2007) for the dollar units. The dollar series is then built up by applying the index to the reference year dollar and thereby presenting the changes expressed in the index into dollars. So, while the Chained Fisher measure provides a much better valuation of each industry in the current year, this measure does not come without its own set of drawbacks. One drawback is that time series expressed in Chained Fisher units cannot be added up. To obtain aggregates, summing of the components must be done at a much earlier phase in the calculation. For example, the total for crop and animal production is calculated as one estimation, then the separate totals for crop production and livestock production are estimated.

View Additional information on the survey or statistical program related to this information: Gross Domestic Product by Industry - Provincial and Territorial (Annual) - 1303 http://www23.statcan.gc.ca/imdb/p2SV.pl?Function=getSurvey&lang=en&db=imdb&adm=8&dis=2&SDDS=1303

Licence

Open Government Licence - Alberta

Contact Name

Open Government Program

Contact Email

open@gov.ab.ca