The statistical discrepancy is equal to gross domestic product less gross domestic income. These two measures are, in principle, the same. The difference reflects less than perfect source data. The paper finds few components that statistically significantly explain the discrepancy in the last 35...

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...

The Bureau of Economic Analysis (BEA) publishes annual estimates of state disposable personal income, the difference between state personal income and state personal current taxes. BEA also publishes annual estimates of personal income for sub-state areas, but BEA does not publish corresponding...

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 Bureau of Economic Analysis (BEA) publishes annual statistics of state disposable personal income, the difference between state personal income and state personal current taxes. BEA also publishes annual statistics of personal income for sub-state areas, but BEA does not publish...