Methods
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The PTCI are benchmarked to the most current CSA, meaning they are constructed using the same methodology, definitions, relationships and culture ratios.
For the reference years where there are published Supply and Use Tables (SUTs), these are used directly to compile the GDP and output components of the PTCI.
For the reference years where published SUTs are not available, other preliminary CSMA data from various sources are used to derive PTCI industry and product estimates. This is done by applying growth rates of a specific CSMA indicator to the to the corresponding industry’s GDP or output from the previous year’s SUT. All products within an industry will have equivalent growth rates applied - a limitation of the PTCI methodology. This is because there is no information available about the products produced within an industry beyond the reference year of a published SUT.
For all reference years, Canadian Productivity Accounts data are used to compile PTCI estimates for jobs.
The published SUTs, preliminary PTCI industry and product tables as well as the CPA tables are then run through the CSA production system, to compile the data according to the methodology of the most current PTCSA benchmark. This approach ensures the definitions, relationships and culture ratios of the most current CSA are applied to each reference year of the PTCI. The result is a series of annual estimates that form the PTCI, for which we are able to obtain levels, growth and shares of GDP, output and jobs.
The following figure illustrates the method for deriving the PTCI estimates.
Description for Figure 1
Figure 1 shows the method used for deriving the Provincial and Territorial Culture Indicators (PTCI). In the middle are three boxes: the first box represents the supply and use tables (SUTs) for published reference years, the second box represents the preliminary industry and product tables for reference years where there are no published SUTs and the third box represents the Canadian Productivity Accounts data for published reference years. All three boxes have arrows leading down to a box representing the current production system of the Provincial and Territorial Culture Satellite Account, which has an arrow leading down to a box representing the estimates for the PTCI. At the top of the figure is another box representing preliminary data (growth rates) from the Canadian System of Macroeconomic Accounts, such as the Provincial and Territorial Economic Accounts and the Canadian Productivity Accounts. There is a spherical arrow originating from this box leading to the preliminary industry and product tables’ box through the SUT box. This arrow represents the preliminary growth rates being applied to the published SUTs to derive the preliminary industry and product tables.
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