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.
Estimating Prices for R&D Investment in the 2007 R&D Satellite Account
This paper is part of a series that provides the details behind the Bureau of Economic Analysis's (BEA) satellite account on research and development (R&D) activity. In the current work, the focus is on the theoretical underpinnings and empirical implementation of the R&D price index… Read more
Issues Related to Treating R&D as Investment In BEA's Regional Accounts
This paper presents an analysis of regional issues related to treating R&D as an investment. It provides experimental estimates of the impact on gross domestic product by state of the new treatment of R&D. It also discusses several important conceptual and methodological issues… Read more
Do U.S. Multinationals Engage In Sequential Choice? Evidence from New Manufacturing Operations in Europe
Despite an extensive literature on the determinants of the foreign location choices by multinational companies, researchers have only recently begun to systematically examine how these companies form their location consideration sets. When considering new foreign locations, do firms evaluate the… Read more
Converting Historical Industry Time Series Data from SIC to NAICS
Estimates of State Price Levels for Consumption Goods and Services: a first brush
This paper develops exploratory estimates of the spatial price differences for consumption goods and services at the U.S. state level. Spatial (place-to-place) price differences are important to regional and other sub-national accounting frameworks as they make possible comparisons of economic… Read more
Treatment of International Research and Development as Investment: Issues and Estimates
This paper presents an analysis of an international component in the R&D satellite account. It provides experimental estimates of the impact of treating R&D as investment on several dimensions of international transactions. It also discusses several important conceptual and… Read more
A Reconciliation between the Consumer Price Index and the Personal Consumption Expenditures Price Index
The Bureau of Labor Statistics (BLS) prepares the Consumer Price Index for All Urban Consumers (CPI-U), and the Bureau of Economic Analysis prepares the Personal Consumption Expenditures (PCE) chain-type price index. Both indexes measure the prices paid by consumers for goods and services.… Read more
Implementing a Reconciliation and Balancing Model in the U.S. Industry Accounts
As part of the U.S. Bureau of Economic Analysis’ integration initiative (Yuskavage, 2000; Moyer et al., 2004a, 2004b; Lawson et al., 2006), the Industry Accounts Directorate is drawing upon the Stone method (Stone et al., 1942) and Chen (2006) to reconcile the gross operating surplus component… Read more
An Empirical Comparison of Methods for Temporal Distribution and Interpolation at the National Accounts
This study evaluates five mathematical and five statistical methods for temporal disaggregation in an attempt to select the most suitable method(s) for routine compilation of sub-annual estimates through temporal distribution and interpolation in the national accounts at BEA. The evaluation is… Read more