CRIW Conference: The Challenges of Globalization in the Measurement of National Accounts

Nadim Ahmad, Brent Moulton, J. David Richardson, and Peter van de Ven, Organizers

March 9-10, 2018

Hyatt Regency Bethesda, Ballroom Level, Regency I/II, One Bethesda Metro Center, Bethesda, MD

Conference Code of Conduct

FORMAT: The format for each session will be a 20-minute presentation by the author, followed by one 15-minute discussion, and then another 10 minutes for Q&A.
Friday, March 9
8:30 am
Continental Breakfast
9:00 am
Welcome and Overview

Chair: J. David Richardson, Syracuse University and NBER
Welcome and Opening Remarks
9:10 am
Challenges of Globalization in National Accounts

Addressing the Challenges of Globalization in National Accounts (slides)
Discussant: Marshall B. Reinsdorf, Independent Consultant
9:55 am

Meaningful Information for Domestic Economies in the Light of Globalization – Will Additional Macroeconomic Indicators and Different Presentations Shed Light? (slides)
Discussant: Sarahelen Thompson, Bureau of Economic Analysis, retired
10:40 am
Break
11:00 am

Eliminating the Pass-Through: Towards FDI Statistics that Better Capture the Financial and Economic Linkages between Countries (slides)
Discussant: L. Kamran Bilir, University of Wisconsin - Madison
11:45 am

A Portrait of U.S. Factoryless Goods Producers
Discussant: Teresa C. Fort, Dartmouth College and NBER
12:30 pm
Lunch - Regency III/IV

Speaker: Robert C. Feenstra, University of California at Davis and 1991-2016 Director of the NBER Program in International Trade and Investment
1:50 pm
Accounting for Global Production Processes
Chair: Nadim Ahmad, OECD

Accounting for Firm Heterogeneity within U.S. Industries: Extended Supply-Use Tables and Trade in Value Added using Enterprise and Establishment Level Data (slides)
Discussant: Susan N. Houseman, W.E. Upjohn Institute for Employment Research
2:35 pm

Costa Rica: Integrating Foreign Direct Investment Data and Extended Supply and Use Tables into the National Accounts
Discussant: Deborah L. Swenson, University of California, Davis and NBER
3:20 pm
Break
3:40 pm

The Role of Exporters and Domestic Producers in GVCs: Evidence for Belgium Based on Extended National Supply-and-Use Tables Integrated into a Global Multiregional Input-Output Table
Discussant: Lucian Cernat, European Commission
4:25 pm

Measuring Bilateral Exports of Value Added: A Unified Framework
Discussant: Robert C. Johnson, University of Notre Dame and NBER
5:10 pm
Adjourn
5:30 pm
CRIW Members Meeting
Katharine Abraham, University of Maryland and NBER
Saturday, March 10
8:00 am
Continental Breakfast
8:30 am
Chair: Brent Moulton, Bureau of Economic Analysis, retired

Accounting for Globalisation: Frameworks for Integrated International Economic Accounts
Discussant: Christopher Kurz, Federal Reserve Board of Governors
9:15 am
Impact of Transfer Pricing and Tax Avoidance

The Relationship between Tax Payments and MNE’s Patenting Activities and Implications for Real Economic Activity: Evidence from the Netherlands
Discussant: Robert E. Yuskavage, Bureau of Economic Analysis, retired
10:00 am

Strategic Movement of Intellectual Property within Multinational Enterprises
Discussant: J. Bradford Jensen, Georgetown University and NBER
10:45 am
Break
11:05 am

Multinational Profit Shifting and Measures throughout Economic Accounts 
Discussant: Stephen J. Redding, Stanford University and NBER
11:50 am
Accounting for the Impact of Globalization in Europe

National Accounts for a Global Economy: The Case of Ireland
Discussant: James Tebrake, Statistics Canada
12:35 pm
Lunch - Regency III/IV
1:35 pm
Chair: Peter van de Ven, OECD

Who Owns Europe’s Firms? Foreign Investment in Europe and Implications for Risk Sharing
Discussant: Nitya Pandalai-Nayar, University of Texas at Austin and NBER
2:20 pm
Globalization and Innovation/Productivity

Capturing International R&D Trade and Financing Flows: What Do Available Sources Reveal about the Structure of Knowledge-Based Global Production? (slides)
Discussant: Nune Hovhannisyan, Loyola University Maryland
3:05 pm
Break
3:25 pm

R&D Capitalisation: Where Did We Go Wrong?
Discussant: Michael Connolly, Central Statistics Office - Ireland
4:10 pm
Adjourn