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.

Valuation of Near-Market Endogenous Assets

For many kinds of assets, the growth rate of the real asset stock is a nonlinear function of the economic owner’s decision whether to invest or extract the asset. Examples within the economy are primarily biological assets, both privately owned (such as those found in aquaculature and… Read more

Dennis J. Fixler, Ryan Greenaway-McGrevy
WP2012-5
Published
JEL Code(s)E01

How can the American Community Survey (ACS) be used to improve the imputation of Owner-Occupied Rent Expenditures?

There are currently two major agencies, the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA), that produce estimates of the cost of shelter for renters and for owners on a regular basis. In addition, the Census Bureau is conducting a nation-wide survey, the American… Read more

Bettina H. Aten, Eric B. Figueroa, Troy Martin
WP2012-2
Published
JEL Code(s)R31

Foreign Direct Investment Relationship and Plant Exit: Evidence from the United States

Previous research has shown that U.S. manufacturing plants belonging to U.S. multinational companies (MNCs) are more likely to shut down than other manufacturing plants, once plant and industry attributes have been controlled for (Bernard A. and Jensen B., 2007). This research has concentrated… Read more

Marilyn Ibarra-Caton
WP2012-1
Published
JEL Code(s)F23

Explaining Long-term Differences Between Census and BEA Measures of Household Income

Arnold J. Katz
WP2012-4
Published
JEL Code(s)None Assigned

Estimating the Price of Rents in Regional Price Parities

In May of 2011, BEA published prototype estimates of 5-year regional price parities for states and metropolitan areas for 16 expenditure classes, including rents, for the 2005-2009 period. In previous research (see: Aten & Reinsdorf [2010], Aten & Heston [2009]), differences in interarea… Read more

Troy Martin, Bettina H. Aten, Eric B. Figueroa
WP2011-9
Published
JEL Code(s)C43

The Productivity Advantage and Global Scope of U.S. Multinational Firms

This paper examines whether the productivity of U.S. business establishments is related to the extent to which their parent firms are globally engaged-from being an exporter to being a fledgling multi-national that has taken a few cautious forays into foreign markets to being a seasoned… Read more

Raymond J. Mataloni, Jr.
WP2011-2
Published
JEL Code(s)D24

Geographic Variation in Commercial Medical-Care Expenditures: A Framework for Decomposing Price and Utilization

This study introduces a new framework for measuring and analyzing medical-care expenditures. The framework focuses on expenditures at the disease level that are decomposed between price and utilization. We find that both price and utilization differences are important contributors to expenditure… Read more

Abe C. Dunn, Adam Shapiro, Eli Liebman
WP2011-7
Last Updated
Published
JEL Code(s)I10

Human Capital Accounting in the United States: Context, Measurement, and Application

This study updates Christian's (2010) human capital account for the United States to the year 2009, refining the underlying data and putting the account into international context by reviewing applications in the rest of the world. It also measures the sensitivity of human capital measures to… Read more

Michael S. Christian
WP2011-5
Published
JEL Code(s)None Assigned

Estimating the Local Economic Impacts of University Activity Using a Bill of Goods Approach

Economic impact analyses for universities often produce impacts so large that they are viewed with suspicion. Using data collected from universities on actual expenditures as well as the local share of these expenditures to calibrate and regionalize custom economic impact multipliers will… Read more

Zoë O. Ambargis, Thomas McComb, Carol Robbins
WP2011-6
Published
JEL Code(s)E01

Notes on Estimating the Multi-Year Regional Price Parities by 16 Expenditure Categories: 2005-2009

Tables (XLS)

Bettina H. Aten, Eric B. Figueroa, Troy Martin
WP2011-3
Published
JEL Code(s)C43