State proprietor's income larger than national

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    DougO
    The national data set's output per worker, earnings per worker, proprietor income per worker, etc., is the average of all states. So, yes the relationships for a state will differ from the US relationships. Data for proprietor income, proprietor employment relationships come from the BEA REA (formerly REIS) data sets - and as there is only one power generation sector is generally disclosed and not subject to our estimation machinations. If you want to see the comparable Georgia impact on the US model, you will need to edit the US model to reflect the GA specific industry ratios. If you know that the power firm that you are modeling is a corporation, then proprietor income will be zero.
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    wjsmith
    So, if it's a corp, no proprietor's income at both the state and national level? The reason I ask, is that I am looking at an example in my booklet from an implan workshop held this spring that specifically uses the power generation industry as an example for an analysis-by-parts problem. It includes both Employee Compensation and Proprietor's income (slide 196, dated 1/15/2011), but makes no distinction between corp or non-corp.
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    DougO
    If the user doesn't know the ownership, then accepting the default mix in the data is an acceptable route. Note for 2008 in sector 31 (power generation) US proprietor income is 23.2 billion and GA's is 1.2 billion. However, for a given 1 million of output/outlay, a greater proportion of that money may go towards proprietor income in GA than on average for the US.
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