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.
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
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
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
Published in Macroeconomic Dynamics, December 2018 "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… Read more
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
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
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
Regional Price Parities (RPPs) are spatial price indexes that measure price level differences across regions, such as states or metropolitan areas (MSAs). RPP expenditure weights, an important component in RPP estimation, are based on Consumer Expenditure (CE) Survey data from the Bureau of… Read more
On December 5, 2013, the U.S. Bureau of Economic Analysis (BEA) and the National Endowment for the Arts (NEA) released, for the first time, prototype estimates from the new Arts and Cultural Production Satellite Account (ACPSA). In this satellite account, we used an input-output (I-O) framework… Read more
Integrated Industry‐Level Production Account for the United States: Intellectual Property Products and the 2007 NAICS
Paper was presented at the 3rd World KLEMS conference | May 19-20, 2014 | Tokyo, Japan
Ongoing structural change in the U.S. economy due, in part, to globalization, the spread of information and communications technology, and the Great Recession, has reinforced the need for an up‐to‐date decomposition of aggregate GDP to industry‐level sources of growth. This approach, typically… Read more