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International Economic Transactions: Issues in Measurement and Empirical Research

  • Peter Hooper
  • J. David Richardson
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    This paper summarizes a forthcoming book that describes issues and recent innovations in the measurement of international transactions. A number of distinguished authors assess data measuring trade in merchandise, services, and foreign-direct investment claims. Others assess international prices and data measuring comparisons of inputs and outputs internationally. (International financial data are not assessed.) The chapters in many cases tabulate the data and illustrate their application to recent research questions. U.S. international data are emphasized, but those of other countries are frequently highlighted as well. Growing international interdependence and structural and technological change raise a number of important theoretical and measurement issues that are explored here with regard, for example, to computer prices, productivity, international convergence of income, service provision from overseas affiliates, and proper valuation of direct investment stakes.

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    File URL: http://www.nber.org/papers/w3805.pdf
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    Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3805.

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    Date of creation: Aug 1991
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    Publication status: published as Peter Hooper and J. David Richardson eds., International Economic Trans-actions: Issues in Measurement and Empirical Research, University of Chicago Press, 1991, CRIW Series #55
    Handle: RePEc:nbr:nberwo:3805
    Note: ITI IFM
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    Web page: http://www.nber.org
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    1. Triplett, Jack E, 1990. "Reviving the Federal Statistical System: A View from Within," American Economic Review, American Economic Association, vol. 80(2), pages 341-44, May.
    2. Robert E. Lipsey, 1990. "Reviving the Federal Statistical System: International Aspects," NBER Working Papers 3240, National Bureau of Economic Research, Inc.
    3. Cole, Rosanne, 1990. "Reviving the Federal Statistical System: A View from Industry," American Economic Review, American Economic Association, vol. 80(2), pages 233-36, May.
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