This paper examines the different types of deflators that are used to compare volume estimates of national income and production across countries. It argues that these deflators need to be tailored to the specific income concept used for study. If the potential to spend concept is employed, a...

This paper compares GDP per capita across Canadian provinces over the period from 1990 to 2003. It starts by examining relative GDP per capita measured in current dollars across provinces and over time. The second section breaks down growth in nominal dollar GDP into a price and a volume...

Comparisons of Canada’s economy to that of the United States are done for several purposes. On the one hand, analysts are interested in whether there is an output gap between the two countries — whether Canada is as well off as the United States in terms of the quantities of goods and...

This paper compares output per person across Canadian provinces — using nominal or current dollar GDP per capita as the metric over the period 1990 to 2003. Differences in GDP per capita can be attributed to differences in the underlying efficiency of provincial economies. This is measured by...

A New Architecture for the U.S. National Accounts brings together a distinguished group of contributors to initiate the development of a comprehensive and fully integrated set of United States national accounts. The purpose of the new architecture is not only to integrate the existing systems of...