Satellite Accounts - R&D

This paper translates research and development expenditure data organized based on the Frascati Manual for the U.S. to a measure of gross output consistent with The System of National Accounts 1993. A set of detailed tables translates U.S. survey data on the performance of R&D from the National Science Foundation for 2001.

This paper provides a framework for translating research and development expenditure data organized based on the Frascati Manual to a measure of gross output consistent with The System of National Accounts 1993. This translation sets up the output measures and sectoral framework for the capitalization of R&D expenditures in a Satellite Account.

This paper discusses how the industry-specific rates of depreciation for R&D used to construct the 2007 R&D Satellite Account were determined after a review of the literature.

This paper is part of a series that provides the details behind the Bureau of Economic Analysis's (BEA) satellite account on research and development (R&D) activity. In the current work, the focus is on the theoretical underpinnings and empirical implementation of the R&D price index used to construct real R&D output. We examine four alternative price indexes. For each, we lay out the theoretical assumptions needed for the approach to be valid and examine how well the approach works in practice. We then compare these four alternative price indexes and explain the choice of our preferred price index.

This paper is part of a series that provides the details behind the Bureau of Economic Analysis's (BEA) satellite account on research and development (R&D) activity. It describes the data and experimental methodology used to create the GDP-by-Industry component of the satellite account for thirteen R&D-intensive industries and an aggregation of all other for-profit industries.

This paper discusses the methodologies used in constructing current-dollar R&D investment in the 2007 R&D Satellite Account. It also provides an overview of the current treatment of R&D in the national economic accounts and discusses how R&D as investment would affect gross domestic product.