A New Architecture for the U.S. National Accounts

A New Architecture for the U.S. National Accounts
Dale W. Jorgenson, J. Steven Landefeld and William D. Nordhaus, editors

Some chapters may have appeared as NBER Working Papers, which are preliminary versions of the published papers.

Table of Contents:

Introduction, p. 1-11
Dale W. Jorgenson, J. Steven Landefeld and William D. Nordhaus

1. Blueprint for Expanded and Integrated U.S. Accounts: Review, Assessment, and Next Steps, p. 13-112
Dale W. Jorgenson and J. Steven Landefeld


2. The Architecture of the System of National Accounts: A Three-Way International Comparison of Canada, Australia, and the United Kingdom, p. 113-142
Karen Wilson


3. Principles of National Accounting For Nonmarket Accounts, p. 143-160
William D. Nordhaus


4. A Framework for Nonmarket Accounting, p. 161-192
Katharine G. Abraham and Christopher Mackie


5. The "Architecture" of Capital Accounting: Basic Design Principles, p. 193-214
Charles R. Hulten


6. Integrating Industry and National Economic Accounts: First Steps and Future Improvements, p. 215-261
Ann M. Lawson, Brian C. Moyer, Sumiye Okubo, and Mark A. Planting


7. Aggregation Issues in Integrating and Accelerating the BEA's Accounts: Improved Methods for Calculating GDP by Industry, p. 263-287
Brian C. Moyer, Marshall B. Reinsdorf, and Robert E. Yuskavage


Comment: W. Erwin Diewert, p. 287-307

8. Integrating Expenditure and Income Data: What to Do with the Statistical Discrepancy? p. 309-353
J. Joseph Beaulieu and Eric J. Bartelsman


9. An Integrated BEA/BLS Production Account: A First Step and Theoretical Considerations, p. 355-435
Barbara M. Fraumeni, Michael J. Harper, Susan G. Powers, and Robert E. Yuskavage


Comment: Carol Corrado, p. 435-438

10. The Integration of the Canadian Productivity Accounts within the System of National Accounts: Current Status and Challenges Ahead, p. 439-470
John R. Baldwin and Tarek M. Harchaoui


11. Integrated Macroeconomic Accounts for the United States: Draft SNA-USA, p. 471-539
Albert M. Teplin, Rochelle Antoniewicz, Susan Hume McIntosh, Michael G. Palumbo, Genevieve Solomon, Charles Ian Mead, Karin Moses, and Brent Moulton


12. Micro and Macro Data Integration: The Case of Capital, p. 541-609
Randy A. Becker, John Haltiwanger, Ron S. Jarmin, Shawn D. Klimek, and Daniel J. Wilson


Panel Remarks


Thomas L. Mesenbourg, U.S. Census Bureau, p. 611-614
Kathleen P. Utgoff, Bureau of Labor Statistics, p. 614-615
Larry Slifman, Board of Governors of the Federal Reserve System, p. 615-617
Katharine G. Abraham, University of Maryland and National Bureau of Economic Research, p. 617-620
J. Steven Landefeld, Bureau of Economic Analysis, p. 621-623