Papers
This page provides access to papers and presentations prepared by BEA staff. Abstracts are presented in HTML format; complete papers are in PDF format with selected tables in XLS format. The views expressed in these papers are solely those of the authors and not necessarily those of the U.S. Bureau of Economic Analysis or the U.S. Department of Commerce.
Recent U.S. Progress in Collecting Data on Derivatives
This note briefly summarizes work conducted in the United States over the past several years to design a report form that collects comprehensive data on U.S. positions and transactions in derivative financial instruments.
News, Noise, and Estimates of the "True" Unobserved State of the Economy
Which provides a better estimates of the growth rate of “true” U.S. output, gross domestic product (GDP) or gross domestic income (GDI)? Past work has assumed the idiosyncratic variation in each estimate is pure noise, taking greater variability to imply lower reliability. We develop models that… Read more
The Effects of Low-Valued Transactions on the Quality of U.S. International Export Estimates, 1994-1998
This paper uses data from the U.S. Census Bureau Annual Survey of Manufactures (ASM) to examine the effects that a growth of low-valued transactions likely has on the quality of export estimates provided in the U.S. International Trade in Goods and Services (FT-990) series. These transactions,… Read more
Offshore Outsourcing and Multinational Companies
"Offshoring" and the U.S. Balance of Payments
Integrated Macroeconomic Accounts for the United States: Draft SNA-USA
This paper presents integrated macroeconomic accounts for the United States for the period 1985 to 2002 and discusses issues related to their construction and use. Specifically, it focuses on tying together the national income and product accounts (NIPAs) and international transaction accounts (… Read more
The National Income and Product Accounts
Patterns of Production and Employment by U.S. Multinational Companies
Based on a note by Raymond J. Mataloni, Jr.