Blueprint for Expanded and Integrated U.S. Accounts

Abstract

Account 1. Domestic Income and Product Account Compensation of employees, paid 6,024.3 Wage and salary accruals 4,979.8 Disbursements (3-12 and 5-11) 4,979.8 W a ge accruals less disbursements (4-9 and 6-11) 0.0 Supplements to wages and salaries (3-14) 1,044.5 Taxes on production and imports (4-16) 760.1 Less: Subsidies (4-8) 38.2 Net operating surplus 2,523.2 Private enterprises (2-19) 2,520.3 Current surplus of government enterprises (4-26) 2.8 Consumption of fixed capital (6-13) 1,288.6 Gross domestic income 10,558.0 Statistical discrepancy (6-19)-77.2 GROSS DOMESTIC PRODUCT 10,480.8 Personal consumption expenditures (3-3) 7,385.3 Durable goods 911.3 Nondurable goods 2,086.0 Services 4,388.0 Gross private domestic investment 1,589.2 Fixed investment (6-2) 1,583.9 Nonresidential 1,080.2 Structures 266.3 Equipment and software 813.9 Residential 503.7 Change in private inventories (6-4) 5.4 Net exports of goods and services-426.3 Exports (5-1) 1,006.8 Imports (5-9) 1,433.1 Government consumption expenditures and gross investment (4-1 and 6 1,932.5 Federal 679.5 National defense 438.2 Nondefense 241.2 State and local 1,253.1 GROSS DOMESTIC PRODUCT 10,480.8 Account 2. Private Enterprise Income Account Income payments on assets 2,316.7 Interest and miscellaneous payments (3-20 and 4-21) 2,267.7 Dividend payments to the rest of the world (5-14) 42.1 Reinvested earnings on foreign direct investment in the U.S. (5-15) 6.9 Business current transfer payments (net) 89.8 T o persons (net) (3-24) 42.6 T o government (net) (4-24) 46.8 T o the rest of the world (net) (5-19) 0.4 Proprietors' income with inventory valuation and capital consumption adjustments (3-17) 797.7 10 Rental income of persons with capital consumption adjustment (3-18) 173.0 (continued) Corporate profits with inventory valuation and capital consumption adjustments 904.2 Taxes on corporate income 195.0 To government (4-17) 185.9 To the rest of the world (5-19) 9.2 Profits after tax with inventory valuation and capital consumption adjustments 709.1 Net dividends (3-21 and 4-22) 398.3 Undistributed corporate profits with inventory valuation and capital consumption adjustments (6-10) 310.8 USES OF PRIVATE ENTERPRISE INCOME Net operating surplus (1-9) 2,520.3 Income receipts on assets 1,761.1 Interest (3-20) 1,558.7 Dividend receipts from the rest of the world (5-6) 81.5 Reinvested earnings on U.S. direct investment abroad (5-7) 121.0 SOURCES OF PRIVATE ENTERPRISE INCOME 4,281.5 Account 3. Personal Income and Outlay Account Personal current taxes (4-15) 1,053.1 Personal outlays 7,674.0 Personal consumption expenditures (1-15) 7,385.3 Personal interest payments (3-20) 194.7 Personal current transfer payments 94.0 T o government (4-25) 58.6 T o the rest of the world (net) (5-17) 35.4 Personal saving (6-9) 183.2 PERSONAL TAXES, OUTLAYS, AND SAVING 8,910.3 Compensation of employees, received 6,019.1 Wage and salary disbursements 4,974.6 Domestic (1-3 less 5-11) 4,971.4 Rest of the world (5-3) 3.2 Supplements to wages and salaries (1-5) 1,044.5 Employer contributio...

La mesure du capital - Manuel de l'OCDE 2009

“…Bien que la plupart de ces liens soient intégrés dans le SCN 1993, la prise en compte envisagée de la valeur des services du capital et sa ventilation entre prix et volumes dans les comptes de distribution du revenu sont des nouveautés, qui sont décrites de façon plus détaillée dans la section 16.1.1. Jorgenson et Landefeld (2006) …”

“…Mais, aujourd'hui, la tendance à identifier séparément ces services du capital s'explique en grande partie par l'intérêt grandissant que suscitent l'analyse de la productivité et la comptabilité de la croissance (OCDE 2001a, Jorgenson et Landefeld 2006). L'un des principaux motifs pour lesquels les services du capital sont mesurés en relation avec les comptes nationaux tient au souci de mieux structurer le revenu intérieur brut, et en particulier de permettre une répartition du revenu du capital distinguant entre prix et volume.…”

“…C'est, par exemple, ce que suggèrent Sandmo et Drèze (1971) (déterminer la moyenne des taux d'intérêt pour les consommateurs et les producteurs) pour fixer le taux d'actualisation servant aux analyses coût-avantages. On trouve une approche similaire chez Baumol (1986) et chez Jorgenson et Landefeld (2006), pour qui le taux de rentabilité du secteur non marchand est la moyenne pondérée des taux de rentabilité des entreprises et des ménages (encore que leur raisonnement repose sur un calcul ex post).…”

Economic productivity in the air transportation industry: multifactor and labor productivity trends, 1990–2014

“…It builds on a long-standing history of collaboration between BEA and BLS and illustrates the importance of understanding the sources of economic growth, including KLEMS inputs and MFP growth, within an integrated National Economic Accounts framework, as first described by Jorgenson and Landefeld (2006).…”

“…The usefulness of such integrated analysis on the sources of growth within the framework of the U.S. national income and product accounts (NIPAs) was first presented by Jorgenson and Landefeld (2006) in A New Architecture for the U.S. National Accounts.…”