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.

Net Investment and Stocks of Human Capital in the United States, 1975-2013

This study continues the research initiated in Christian (2010, 2014) on measurement of human capital stocks and investment in the United States. It measures a series of human capital stock and net investment from 1975 to 2013, using the lifetime earnings approach of Jorgenson and Fraumeni (1989… Read more

By Michael S. Christian

Allocation of Company Research and Development Expenditures to Industries Using a Tobit Model

This paper uses Census microdata and a regression‐based approach to assign multi‐division firms’ pre‐2008 Research and Development (R&D) expenditures to more than one industry. Since multi‐division firms conduct R&D in more than one industry, assigning R&D to corresponding industries… Read more

By Christian Awuku-Budu, Leo Sveikauskas

Adjusting the Measurement of the Output of the Medical Sector for Quality: A Review of the Literature

The Bureau of Economic Analysis recently created new price indexes for health care in its health care satellite account and now faces the problem of how to adjust them for quality. I review the literature on this topic and divide the articles that created quality-adjusted price indexes for… Read more

By Anne E. Hall

Characteristics of Special Purpose Entities in Measures of U.S. Direct Investment Abroad

Under international guidelines, official statistics on international trade and investment include transactions within multinational enterprises (MNEs) and positions on foreign direct investment. A complicating factor in the interpretation and understanding of the official statistics is the role… Read more

By Dylan Rassier

Headquarter Services in the Global Integration of Production

This study examines knowledge management within multinational enterprises (MNEs) by analyzing whether greater interdependence of production between U.S. parent firms and their foreign subsidiaries increases the provision of headquarter (HQ) services from the home country. The findings suggest… Read more

By Marilyn Ibarra-Caton, Raymond J. Mataloni, Jr.

Structural Transformation, Marketization, and Household Production around the World

We provide evidence on household and market production in 36 countries since 1960. On average the household sector accounts for almost half of total hours worked. As GDP per capita increases, the employment share of household production in total hours worked initially declines and then hardly… Read more

By Benjamin R. Bridgman, Georg Duernecker, Berthold Herrendorf

Regional Patterns in Medical Technology Utilization

The U.S. health-care system is characterized by the rapid adoption and diffusion of medical technologies and high regional variation in health-care utilization and spending. I examine the correlations in the adoption and utilization rates of sixteen outpatient health-care technologies of… Read more

By Anne E. Hall

Does Medicare Part D Save Lives?

We examine the impact of Medicare Part D on mortality for the population over the age of 65. We identify the effects of the reform using variation in drug coverage across counties before the reform was implemented. Studying mortality rates immediately before and after the reform, we find that… Read more

By Abe C. Dunn, Adam Shapiro

Measuring Nursing Home Price Growth between 2000-2009

The proper measurement of inflation in health care is important for policymakers to understand the drivers of price growth. For this reason, the U.S. Bureau of Economic Analysis (BEA) recently released an alternate presentation of inflation for the health care sector that examines prices by… Read more

By Tina Highfill, David Johnson

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

By Arnold J. Katz