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.

University Contribution Studies Using Input-Output Analysis

Many universities report results based on input-output (I-O) analysis to promote the contribution that they make to a regional economy. How these results are obtained is not always clear. Nor are they always based on best practices. This paper presents best practices when using a regional I-O… Read more

Zoë O. Ambargis, Charles Ian Mead, Stanislaw J. Rzeznik
Published
JEL Code(s)E01
WP2014-1

State and Local Government Defined Benefit Pension Plans: Estimates of Liabilities and Employer Normal Costs by State, 2000-2011

In the 2013 comprehensive revision of the National Income and Product Accounts, BEA introduced a new accrual treatment of defined benefit pension plans based on actuarial estimates of liabilities and normal costs. Accrual accounting is the preferred method for compiling national accounts because… Read more

David G. Lenze
Published
JEL Code(s)G20
WP2013-16

Calculating Disease-Based Medical Care Expenditure Indexes for Medicare Beneficiaries: A Comparison of Method and Data Choices

Disease-based medical care expenditure indexes are currently of interest to measurement economists and have been the subject of several recent papers. These papers, however, produced widely different results for medical care inflation and also varied in the datasets and methods used, making… Read more

Anne E. Hall, Tina Highfill
Published
Last Updated
JEL Code(s)None Assigned
WP2013-15

Accounting for Intellectual Property Products: International Guidelines for National Economic Accounting and U.S. Rules for Financial Accounting

The international guidelines for national economic accounting recommend capitalizing expenditures related to intellectual property products (IPPs) in some cases where U.S. rules for financial accounting require immediate expensing of the same expenditures. This paper outlines the international… Read more

Dylan Rassier
Published
JEL Code(s)None Assigned
P2013-2

Copyright-Protected Assets in the National Accounts

In 2007, we estimate that US businesses and governments invested $278 billion in software and US artists produced $71 billion worth of long-lived entertainment originals. These copyrighted materials will yield useful services for years to come. Because of their long working life, the… Read more

Rachel Soloveichik, David B. Wasshausen
Published
JEL Code(s)None Assigned
WP2013-14

Long-Lived Television Programs as Capital Assets

In 2007, I estimate that studios and networks released long-lived television programs worth $26.7 billion. Those long-lived television programs were first shown on TV in 2007 and will be broadcast for decades to come. Because of their long working life, the international guidelines for national… Read more

Rachel Soloveichik
Published
JEL Code(s)None Assigned
WP2013-9

Books as Capital Assets

In 2007, I estimate that authors and publishers created original books with a value of $9.1 billion. These books were first sold starting in 2008, and will continue to be sold for decades to come. Because of their long working life, the international guidelines for national accounts recommends… Read more

Rachel Soloveichik
Published
JEL Code(s)None Assigned
WP2013-11

Music Originals as Capital Assets

In 2007, I estimate that musicians and recording studios created original songs, including recorded performances, with an estimated value of $7.8 billion. These songs were sold on CDs in 2008 and will be played on the radio, on television and at live concerts for decades to come. Because of… Read more

Rachel Soloveichik
Published
JEL Code(s)None Assigned
WP2013-8

Miscellaneous Artwork as Capital Assets

In 2007, I estimate that playwrights, artists, photographers and designers created miscellaneous artwork worth $3.3 billion. By category, theatrical play scripts were $1.4 billion, greeting card designs were $0.5 billion and commercial stock photography was $1.4 billion. Taken individually, each… Read more

Rachel Soloveichik
Published
JEL Code(s)None Assigned
WP2013-10

Theatrical Movies As Capital Assets

In 2007, I estimate that studios spent $20.0 billion producing original theatrical movies. These movies were shown in theaters in 2008 and will be sold on DVD and broadcast on television for decades to come. Because of their long working life, the international guidelines for national accounts… Read more

Rachel Soloveichik
Published
JEL Code(s)None Assigned
WP2013-7