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.

Developing Statistics on the Distribution of State Personal Income: Methodology and Preliminary Results



In recent years, a growing interest in the topic of income inequality has fueled demand for information on the way in which the nation’s prosperity and growth are shared across households, as a complement to published data on total income and output. This paper details the methodology and… Read more

By Christian Awuku-Budu, Dirk van Duym

How Should We Measure Infrastructure? The Case of Highways and Streets



The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its effects on growth and wellbeing. This paper updates estimates of one important type of infrastructure capital—highways and streets. We compare BEA’s capital measures with more… Read more

By Robert Kornfeld, Barbara M. Fraumeni

Economies of scope and relational contracts: Exploring global value chains in the automotive industry



Most economic theories of value-chain governance examine one transaction at a time and focus on transaction type as the key determinant of governance. We instead consider several transactions jointly, suggesting that lead firms experience economies of scope in developing relational contracts… Read more

By Susan Helper, Abdul Munasib

Banff or Simputation? Assessing Alternative Approaches to the Imputation of Missing and Erroneous Data on BEA’s Multinational Enterprise Surveys



BEA employs automated data editing and imputation systems to process a subset of its multinational enterprise (MNE) surveys. Until recently, all of the auto-editing systems used at BEA were built around the Banff system for data editing and imputation produced by Statistics Canada, which runs in… Read more

By Larkin Terrie