This paper identifies key questions that are being asked about globalization and MNC’s and then reviews the types of statistics that are required to answer those questions. The paper goes on to assess whether the statistics collected by the Bureau of Economic Analysis are adequate to address...

This paper presents an analysis of regional issues related to treating R&D as an investment . It provides experimental estimates of the impact on gross domestic product by state of the new treatment of R&D. It also discusses several important conceptual and methodological issues pertaining to...

Chain drift is the difference between the rate of change calculated by chaining an index over a multi period interval and that obtained using endpoints only. This intransitivity can produce ambiguity in estimated growth rates if the “correct” linking interval is not known. The present paper...

This paper discusses the data on U.S. intrafirm trade in goods collected in BEA's surveys of the operations of U.S. multinational firms and foreign-owned U.S. affiliates. It also examines patterns that emerge from the data, with a particular focus on the intrafirm-trade shares of U.S. exports...

The users of the national income and product accounts (NIPAs) often compare the growth rates of NIPA profit measures with those of other publicly available measures of reported earnings, such as Standard & Poor's 500 earnings. Differences between the NIPA profit measures and the other reported...

This work raises questions about what obsolescence is and whether it is properly accounted for in BEA's methodology