Robert E. Yuskavage
7705 Elgar Street
Springfield, VA 22151
Tel: (703) 941-9563
NBER Working Papers and Publications
|May 2009||Outsourcing and Imported Services in BEA's Industry Accounts|
with Erich H. Strassner, Gabriel W. Medeiros
in International Trade in Services and Intangibles in the Era of Globalization, Marshall Reinsdorf and Matthew J. Slaughter, editors
|May 2006||Aggregation Issues in Integrating and Accelerating the BEA|
with Brian C. Moyer, Marshall B. Reinsdorf
in A New Architecture for the U.S. National Accounts, Dale Jorgenson, J. Steven Landefeld, and William D. Nordhaus, editors
|January 2005||Aggregation Issues in Integrating and Accelerating BEA's Accounts: Improved Methods for Calculating GDP by Industry|
with Brian Moyer, Marshall Reinsdorf: w11073
Aggregate measures of real GDP growth obtained from the GDP by Industry Accounts often differ from the featured measure of real GDP growth obtained from the National Income and Product Accounts (NIPAs). We find that differences in source data account for most of the difference in aggregate real output growth rates; very little is due to the treatment of the statistical discrepancy, differences in aggregation methods, or the contributions formula. Moreover, we demonstrate that with consistent data, use of BEA's Fisher-Ideal aggregation procedures to aggregate value added over industries yields the same estimate of real GDP as aggregation over final commodities. Thus, two major approaches to measuring real GDP -- "expenditures" approach used in the NIPAs and the "production" or "industry" ...
Published: Brian C. Moyer & Marshall B. Reinsdorf & Robert E. Yuskavage, 2006. "Aggregation Issues in Integrating and Accelerating the BEA," NBER Chapters, in: A New Architecture for the U.S. National Accounts, pages 263-287 National Bureau of Economic Research, Inc.