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.
U.S. Multinational Companies, Dividends, and Taxes
The passage of the American Jobs Creation Act of 2004 (AJCA) provided U.S. tax incentives for U.S. multinational companies that receive large dividends from their foreign affiliates. In 2005, dividends paid by foreign affiliates to their U.S. parents were 4 times as large as in 2004. With most… Read more
Distributive Services in the U.S. Economic Accounts
Distributive services industries such as wholesale trade and retail trade have contributed significantly to productivity growth in the U.S. nonfarm business sector during the past decade. Bosworth and Triplett found that retail trade alone contributed nearly one-half to the acceleration of… Read more
Outsourcing and Imported Services in BEA's Industry Accounts
Metropolitan Area Disposable Personal Income - Methodology and Results for 2001-2002
The Bureau of Economic Analysis (BEA) publishes annual estimates of state disposable personal income, the difference between state personal income and state personal current taxes. BEA also publishes annual estimates of personal income for sub-state areas, but BEA does not publish corresponding… Read more
R&D Expenditures for the U.S.: A Frascati to System of National Accounts Application to U.S. Data
This paper translates research and development expenditure data organized based on the Frascati Manual for the U.S. to a measure of gross output consistent with The System of National Accounts 1993. A set of detailed tables translates U.S. survey data on the performance of R&D from the… Read more
Linking Frascati-based R&D Spending to the System of National Accounts
This paper provides a framework for translating research and development expenditure data organized based on the Frascati Manual to a measure of gross output consistent with The System of National Accounts 1993. This translation sets up the output measures and sectoral framework for the… Read more
Comparing Price Measures—The CPI and PCE Price Index
The Response of Prices, Sales, and Output to Temporary Changes in Demand
We determine empirically how the Big Three automakers accommodate shocks to demand. They have the capability to change prices, alter labor inputs through temporary layoffs and overtime, or adjust inventories. These adjustments are interrelated, non-convex, and dynamic in nature. Combining weekly… Read more
The Feasibility of Producing Personal Income to Adjusted Gross Income (PI-AGI) Reconciliations by State
This paper studied the feasibility of reconciling BEA state personal income (SPI) and IRS adjusted gross income (AGI) at the state level. After reviewing data sources from BEA, IRS, and other agencies, it was concluded that it is feasible to prepare accurate reconciliations of state level wages… Read more
Globalization, Offshoring, and Multinational Companies: What Are the Questions, and How Well Are We Doing in Answering Them?
This paper identifies key questions that are being asked about globalization and MNC’s and then reviews the types of statistics that are required to answer those questions. The paper goes on to assess whether the statistics collected by the Bureau of Economic Analysis are adequate to address… Read more