Open Data

Alberta Economic Multipliers By Industry and Commodity

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. Based on the Input-Output (I/O) tables released by Statistics Canada, they provide a measure of the interdependence between an industry and the rest of the economy. Multipliers for the Alberta economy have been developed using the Alberta Treasury Board and Finance Input-Output (I/O) model. Impacts are estimated in terms of total output, gross domestic product, employment and labour income. There are two main types of economic multipliers provided in the dataset: 1) Open model (direct and indirect impacts), and 2) Closed model (direct, indirect and induced impacts). Starting with the 2008 publication, a supplemental set of multipliers was added to the dataset: under a Closed model with a “Safety Net”, these additional multipliers incorporate the assumption that new jobs were filled by people previously receiving employment insurance, effectively reducing the amount of additional income spent in the economy. The multipliers are accompanied by commodity supply ratios, which represent the aggregated proportion of the supply that comes from within and outside Alberta for each major commodity group.

Updated

March 27, 2023

Tags
Economic Accounts Input-Output Simple multipliers Total multipliers Type I multipliers Type II multipliers impacts indirect induced intensity ratios multipliers
Resources

Title and Dataset Information

Date Modified

2023-03-27

Update Frequency

Annual

Publisher / Creator Information

Creator
Treasury Board and Finance
Publisher

Treasury Board and Finance

Subject Information

Topic
Business and Industry Economy and Finance
Start Date

2010-01-01

End Date

2019-12-31

Spatial Coverage

Alberta

Resource Dates

Date Created

2015-05-13

Date Added to catalogue

2015-05-13T19:25:44.131339

Date Issued

2014-05-09

Date Modified

2023-03-27

Audience information

General Public

Language

English (Canadian)

Identifiers

Usage / Licence

Usage Considerations

See related Usage Considerations for this dataset.

Licence

Open Government Licence - Alberta

Contact

Contact Email

osi.support@gov.ab.ca