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Issues Related to Treating R&D as Investment in BEA's Regional Accounts


  • G. Andrew Bernat, Jr.

    (Bureau of Economic Analysis)


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 these estimates.

Suggested Citation

  • G. Andrew Bernat, Jr., 2007. "Issues Related to Treating R&D as Investment in BEA's Regional Accounts," BEA Papers 0086, Bureau of Economic Analysis.
  • Handle: RePEc:bea:papers:0086

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    References listed on IDEAS

    1. Ann M. Lawson & Brian C. Moyer & Sumiye Okubo, 2006. "Integrating Industry and National Economic Accounts: First Steps and Future Improvements," NBER Chapters,in: A New Architecture for the U.S. National Accounts, pages 215-262 National Bureau of Economic Research, Inc.
    2. William D. Nordhaus, 2002. "Productivity Growth and the New Economy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 33(2), pages 211-265.
    3. Carol Corrado, 2003. "Industrial production and capacity utilization: the 2002 historical and annual revision," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Apr, pages 151-176.
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    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General


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