Chapter

Outsourcing and Imported Services in BEA's Industry Accounts

Robert E. Yuskavage, Erich H. Strassner and Gabriel W. Medeiros

in International Trade in Services and Intangibles in the Era of Globalization

Published by University of Chicago Press

Published in print June 2009 | ISBN: 9780226709598
Published online February 2013 | e-ISBN: 9780226709604 | DOI: http://dx.doi.org/10.7208/chicago/9780226709604.003.0009
Outsourcing and Imported Services in BEA's Industry Accounts

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This chapter examines the employment effects of offshore outsourcing in the U.S. using input-output accounts data. It explains the treatment of imported services in the Bureau of Economic Analysis's (BEA) international, national, and industry accounts and describes the BEA's new framework for measuring purchased services in the industry accounts, including the role of the integrated industry accounts. This chapter highlights the need to develop a better understanding of how imported services affect industry output, employment, and contributions to gross domestic product.

Keywords: employment effects; offshore outsourcing; input-output account; Bureau of Economic Analysis; industry accounts; imported services; gross domestic product

Chapter.  14200 words.  Illustrated.

Subjects: International Economics

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