Multinational Profit Shifting and Measures throughout Economic Accounts
---- Acknowledgments ----
This paper was prepared for the NBER-CRIW conference on The Challenges of Globalization in the Measurement of National Accounts. For comments and helpful questions, we thank Ray Mataloni, Brent Moulton, Marshall Reinsdorf, Peter van de Ven, Dan Yorgason and especially our discussant Steve Redding. The statistical analysis of firm-level data on U.S. multinational companies and companies engaged in international transactions was conducted at the Bureau of Economic Analysis, U.S. Department of Commerce, under arrangements that maintain legal confidentiality requirements. The views expressed in this paper are solely those of the authors and not necessarily those of the U.S. Department of Commerce or the Bureau of Economic Analysis or the National Bureau of Economic Research.