Transportation Satellite Accounts: Findings from 2002-2006 [2007]
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2007-01-01
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Abstract:The Transportation Satellite Accounts (TSAs) provide a means for measuring the contribution of transportation services to the national economy. Prior to the TSAs, the magnitude of transportation services had long been underestimated, as most national measures counted only the value of for-hire services. Measurement of services provided only by for-hire firms misses the sizable contribution of transportation services that take place within non-transportation industries. To more accurately measure transportation services, the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation and the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce, jointly developed the Transportation Satellite Accounts (TSAs). The TSAs, as a supplement to the U.S. Input-Output (I-O) Accounts, measure the contribution of both for-hire and in-house transportation. The TSAs include all of the for-hire transportation industries reported in the summary level U.S. I-O accounts (air, rail, truck, passenger and group transportation, pipeline, and other transportation and support services) and the five created in-house transportation modes (air, rail, water, truck, and household transportation). Four of the five in-house transportation modes are related to business activities (air, rail, water, and truck transportation) and one, household transportation, is related to household activity. Household transportation covers transportation provided by households for their own use through the use of an automobile and is a new component of the TSAs.
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