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.

A Primer on the Measurement of Net Stocks, Depreciation, Capital Services, and Their Integration

This manual is intended to be a "primer" on the rudiments of the methodologies used to estimate capital stocks and the value of their services by statistical agencies. It explains the key parts of methodologies used to estimate wealth stock estimates through the use of numeric examples and… Read more

Arnold J. Katz
JEL Code(s)None Assigned

Identifying Heterogeneity in the Production Components of Globally Engaged Business Enterprises in the United States

This paper presents experimental tables created by the U.S. Bureau of Economic Analysis comparing industry-specific shares of the components of total output of globally engaged firms located in the United States that are part of a multinational enterprise (U.S. parents and U.S. affiliates) with… Read more

James J. Fetzer, Erich H. Strassner
JEL Code(s)L16

Medical Care Expenditure Indexes for the US, 1980-2006

We construct historical medical care expenditure indexes (MCEs) for the US economy for the period 1980-2006, thus supplementing the MCEs provided in the BEA health account for the period 2001-2010 (Dunn et al, 2015). Comparing our MCEs to the official deflators used in the national accounts, our… Read more

Ana M. Aizcorbe, Tina Highfill
JEL Code(s)None Assigned

New Estimates of Value of Land of the United States

Land is an important and valuable natural resource, serving both as a store of wealth and as an input in production. Previous attempts to measure the value of land of the United States have focused on indirect measures, inferring values based on the difference between the market value of real… Read more

William Larson
JEL Code(s)None Assigned

Methods of Temporal Disaggregation for Estimating Output of the Insurance Industry

A variety of mathematical and statistical methods have been developed and applied by researchers to solve problems of temporal disaggregation, the process of estimating unobserved sub-annual series from observed annual values. Despite a vast body of work evaluating the ability of different… Read more

Ricci Reber, Sarah J. Pack
JEL Code(s)None Assigned

Estimating Regression-Based Medical Care Expenditure Indexes for Medicare Advantage Enrollees

I construct a disease-based medical expenditure index for Medicare Advantage (private plan) enrollees using data from the Medicare Current Beneficiary Survey from 2001-2009. I create the indexes by modeling total health-care expenditure as a function of each respondent’s diagnoses. Total medical… Read more

Anne E. Hall
JEL Code(s)None Assigned

Is Labor's Loss Capital's Gain? Gross versus Net Labor Shares

Labor share has been falling since the 1970s. I show that U.S. labor share has not fallen as much once items that do not add to capital, depreciation and production taxes, are netted out. Recent net labor share is within its historical range whereas gross share is at its lowest level. This… Read more

Benjamin R. Bridgman
JEL Code(s)E23

The Role of Industry Classification in the Estimation of Research and Development Expenditures

This paper uses data from the National Science Foundation’s surveys on business research and development (R&D) expenditures that have been linked with data from the Census Bureau’s Longitudinal Business Database to produce consistent NAICS-based R&D time-series data based on the main… Read more

Christian Awuku-Budu, Carol Robbins
JEL Code(s)O34

Using Disability Adjusted Life Years to Value the Treatment of Thirty Chronic Conditions in the U.S. from 1987-2010

Health care spending in the U.S. grew two trillion dollars from 1987 to 2010, a 400% increase, but our understanding of the value of that increase is limited. In this paper we determine the net value of spending at the disease level by assigning a monetary value to changes in health outcomes and… Read more

Tina Highfill, Elizabeth Bernstein
Last Updated
JEL Code(s)None Assigned

Private Defined Benefit Pension Plans in the U.S. National Accounts: Accrual Measures for the 2013 Comprehensive Revision

With the comprehensive revision of the U.S. National Income and Product Accounts published in July 2013, the U.S. Bureau of Economic Analysis introduced new accrual-based measures of income generated by defined benefit (DB) pension plans. In addition to the improved measurement, BEA introduced a… Read more

Dylan Rassier
JEL Code(s)None Assigned