2006 bea government statistics users conference
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2006 BEA Government Statistics Users Conference. The Government Division’s Research Program: 2004 – 2006 and Beyond. Brooks B. Robinson Chief, Government Division Washington, DC September 14, 2006. 2004 Users Conference Research Topics. New measures of government output - PowerPoint PPT PresentationTRANSCRIPT
2006 BEA Government Statistics Users
ConferenceThe Government Division’s Research Program: 2004 –
2006 and Beyond
Brooks B. RobinsonChief, Government Division
Washington, DCSeptember 14, 2006
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2004 Users Conference Research Topics
New measures of government output Integration of the National Income and
Product Accounts (NIPAs) with Flow-of-Funds Accounts
Military equipment and inventory timing and a new government inventory account
Enterprise and pension plan sectoring Accrual accounting
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Developments Since 2004
Continued production of high-quality NIPA estimates- Two years of hurricanes- Two Federal Budget Translations- Two annual NIPA revisions
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New Research Topics Surfaced
Adopting private-sector treatment of insurance for government-owned business enterprises (Mandel)
Improving the classification and estimation of capital transfers
Improving the treatment of territorial adjustment transactions (Tsehaye)
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Research Methods Formed research teams Considered national accounts international
guidelines (System of National Accounts, 1993 (SNA) / Government Finance Statistics Manual, 2001 (GFS))
Developed a research plan and timetable Conducted consultations Considered data requirements Proposals to be prepared by spring of 2007
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New Measures of Government Output
Purpose: To improve the measurement of government output in order to measure government productivity change
Research by State and Local Branch staff on the output of health services using Center for Medicare and Medicaid Services data
Christian et al. (2006) IARIW paper on educational services output and health services prices
Plans to explore using PART statistics to estimate Federal Government output
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NIPA - Flow of Funds Integration
Purpose: To complete the full system of national accounts; to meet international guidelines; and to facilitate international comparability
Presentation forthcoming from Bond this morning.
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Military Equipment & Inventory Timing
Purpose: To ensure the proper recording of inventories
Research design completed Internal consultations with estimators of
private inventories to confirm the nature of possible inconsistencies
Data requested from the Census Bureau’s Manufacturing and Construction Division
Revised estimates will be produced using the MCD data
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New Inventory Account Purpose: To create a new government inventory
account and improve the recording of transactions
Two data sources identified: - Financial Report of the United States Government- Supply System Inventory Report
Issues- Estimate consistency - Insufficient detail to prepare constant-price estimates
Earmarked for the 2013 NIPA revision
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Enterprise and Pension Plan Sectoring
Purpose: To separate market from non-market institutional units and transactions
Clear direction on Federal enterprises Certain state and local enterprises
problematic:- Identifying separate institutional units- Identifying required statistics on transactions (receipts, expenses, income receipts on assets, subsidies, etc.)
Consultations with STATCAN in October
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Accrual Accounting Purpose: To more appropriately align
transactions in the NIPAs Team developed a working document
- Includes criteria and methods for converting series from a cash to an accrual accounting basis- BEA analysts can use the document as a guide for series conversion
Team will continue to serve as consultant on accrual conversions
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ConclusionResearch Topics
Accrual accounting New measures of
government output NIPA-FOFA Integration Military equipment and
inventory timing Insurance Capital transfers Territorial adjustments Enterprise and pension
plan sectoring New inventory account
Requirements for Success
Accelerate the pace of the research
Do not expand the scope of the research
Complete proposals and
estimates early
2006 BEA Government Statistics Users
ConferenceThe Government Division’s Research Program: 2004 –
2006 and Beyond
Brooks B. RobinsonChief, Government Division
Washington, DCSeptember 14, 2006