[Sdi-northamerica] Economic theory as it applies to Statistics Canada: a review of the literature

[Kate Lance]

http://www.epsiplus.net/content/download/8047/98419/file/Nilsen%20Economics%20Paper%202007%20final%20version.pdf
Economic theory as it applies to Statistics Canada: a review of the literature
A review of economic theory in the context of public sector information, commissioned 
by Statistics Canada, begins with a brief summary of neoclassical economic theory 
including the concept of market failure in order to lay the groundwork for the rest of this 
paper. The failure of neoclassical theory to account for information led to the 
development of an economics of information. The literature on the history of information 
economics, the definitions of information, the concepts of information as a commodity, 
as a public good, and as a contributor to social value are addressed. The review then 
focuses on the arguments that arise around the issue of public sector versus private 
sector supply of information and the pricing of information. The last sections of this 
review look at the information on official statistics, summarize the findings of the review 
and make specific observations and recommendations regarding Statistics Canada’s 
production and dissemination program. This literature review focuses on economics 
literature and the economic arguments put forward in government studies and policy 
documents.
 
[Source: ePSIplus website, http://www.epsiplus.net/reports/statistics_canada]


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