Latest Research

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.

Multinational Firms in the U.S. Economy: Insights from Newly Integrated Microdata



This paper describes the construction of two confidential crosswalk files enabling a comprehensive identification of multinational firms in the U.S. economy. The effort combines firm-level surveys on direct investment conducted by the U.S. Bureau of Economic Analysis (BEA) and the U.S. Census… Read more

By Fariha Kamal, Jessica McCloskey, Wei Ouyang

Natural Resource Exploration as Intangible Investment



Natural resources are everywhere, and reported wellbeing is highly correlated with the quantity and quality of natural resource services like weather and biodiversity (Levinson 2012) (MacKerron and Mourato 2013) (Methorst et al. 2021). Yet, natural resources are currently classified as non-… Read more

By Rachel Soloveichik

Measuring the Cost of Open Source Software Innovation on GitHub



Open source software (OSS) is software that anyone can study, inspect, modify, and distribute freely under very limited restrictions, generally attribution. While OSS is vital to virtually all aspects of modern society, there is no standard methodology to satisfactorily measure the scope and… Read more

By J Bayoán Santiago Calderón, Carol Robbins, Ledia Guci, Gizem Korkmaz, Brandon L. Kramer

Better Reflecting Transitions in Market Production by Government Functions Over Time: Updating the Classification of State and Local Government Enterprises in the National Income and Product Accounts



Government enterprises are government agencies that operate like market producers by covering a substantial proportion of their operating costs by selling goods and services to the public. The current surplus of state and local government enterprises in the National Income and Product Accounts (… Read more

By Tina Highfill