Integrating Industry and National Economic Accounts: First Steps and Future Improvements

Abstract

Smith, and all other staff of the Industry Accounts Directorate at BEA, who made significant contributions directly and indirectly to the development of this paper. We thank Jack Triplett, Eric Bartelsman, and other participants of the NBER/CRIW conference in April 2004 for their many helpful comments on the direction of this research. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

Industry‐level Productivity Measurement and the 2008 System of National Accounts

“…(2006) take this discussion forward and show how industry and productivity accounts in U.S. statistical agencies can be integrated into a consistent set. Disaggregating the production account by industrial sector requires an integrated system of input–output accounts and accounts for gross product originating by industry, described by Lawson et al . (2006) and Moyer et al .…”

Information technology and U.S. productivity growth: evidence from a prototype industry production account

“…Disaggregating the production account by industrial sector requires the fully integrated system of input-output accounts and accounts for gross product originating by industry, described by Lawson et al (2006), and Moyer et al (2006). Donahoe et al (2010) present data for the fully integrated system for 1998-2008 on a NAICS basis.…”

Integrating Expenditure and Income Data: What to Do with the Statistical Discrepancy?

“…These integrated data add to GDP (Lawson et al, 2004); they supplant the former Gross Domestic Product by Industry data that add to GDI. While a published, consistent, integrated dataset that relates gross output, value added, and deliveries to final demand by industry is certainly useful, it comes at a cost.…”

“…The BEA presents only GDPrelated data in its summary tables, and in its decomposition of national income, it methodology to produce industry data, and its latest estimates of these data now aggregate to GDP; see Lawson, et al (2004).…”