Papers

This paper introduces a proposed framework for estimating an Industry-based R&D Satellite Account (IRDSA). The IRDSA builds on the preliminary Research and Development Satellite Account (R&DSA) released in September 2006, and provides industry and commodity detail. It adapts the U.S.… Read more

This paper discusses the methodologies used in constructing current-dollar R&D investment in the 2007 R&D Satellite Account. It also provides an overview of the current treatment of R&D in the national economic accounts and discusses how R&D as investment would affect gross… Read more

This paper discusses how the industry-specific rates of depreciation for R&D used to construct the 2007 R&D Satellite Account were determined after a review of the literature.

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

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

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

• Conversion weights to compare historical SIC data with NAICS data ^(Excel)

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

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

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