Monday, December 10, 2018

GDP 1945 to present

Question:
I have a researcher looking for:

“So the data I need is GDP from 1945 to present - either all nominal or all 'real' (chained dollars). 

And I also need GDP broken down into the 4 categories - consumption, investment, net exports and government spending - as a percentage of total gdp. So for example it would show consumption as being 20%, investment 30%, government 40%, net exports 10% . 

Also preferably from 1945-present. “

Most GDP tables I see only go back to 1997.

There are a few tables (36-10-0239-01, 36-10-0240-01 and 36-10-0268-01)  (Cansim 380-0001, 380-0002 and 380-0030) that cover 1961 to 2012.

I identified these tables by looking in the Canadian Economic Observer Historical Statistical Supplement.

However, there do not appear to be any tables that I see which go back to 1945 and continue to the present, not to mention the four categories the researcher wants.

Am I missing anything?   I suspect that the researcher will not get exactly what they want, so is there any advice I can pass on to this researcher?

Answer from subject matter:
“For calculating percentage shares, the researcher should use estimates based on current prices (not real or chained dollars). Compatible data for earlier years—CANSIM 380-0064--are expected to be released in August.

Table: 36-10-0104-01 (formerly CANSIM  380-0064)

Geography: Canada

Prices [Current prices \/]”

Answer from DLI:
[Someone] also pointed me to an article on GDP in the Canadian Encyclopedia.   

Canada's GDP, 1870 to 2016.   https://www.thecanadianencyclopedia.ca/en/article/gross-domestic-product

This entry has a chart, which references Jorda et al., 2017.  This lead me to:

  • Jordà-Schularick-Taylor Macrohistory Database   http://www.macrohistory.net/data/
  • The dataset “Real Economy” includes GDP-nominal and GDP per capita.  For Canada, it covers 1870-2016 in  .xls and .dta formats.