2. New Estimates of Gross National Product, Canada, 1870-1926: Some Implications for Canadian Development

Abstract

This paper presents new estimates of annual national income for Canada from 1870 to 1926. The new data include: gross domestic product by industry and gross national product; gross fixed capital formation in six categories; government expenditure on goods and services; international payments; items and balance; deflated G.N.P;. growth rates of output per capita and per worker; farm receipts and expenses; and gross domestic product in manufacturing by seventeen industry groups. The paper make use of the new data for light they throw on the role of staple in Canadian economic history in the period covered.