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.
Enhancing Public Understanding of Revisions to Preliminary Estimates: The U.S. Post-Recession Perspective on Revisions
Household Consumption Expenditures for Medical Care: An Alternate Presentation
Comparing Commercial Systems for Characterizing Episodes of Care
Payers are increasingly using episodes of care to measure and reward efficiency in health care. Much attention has been paid to the effects of different rules for assigning episodes to providers, but little to how individual costs are assigned to episodes. In this paper, we studied the extent to… Read more
Physician Market Power and Medical-Care Expenditures
We study the degree to which greater physician market power via consolidation leads to higher service prices in the commercially insured medical-care market. We also examine whether these potentially higher service prices translate into different levels of physician service utilization. We find… Read more
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
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
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
Explaining Long-term Differences Between Census and BEA Measures of Household Income
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
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