Measuring U.S. International Goods and Services Transactions
In order to better capture the close relationship between firms' cross-border trading activities and the sales and purchasing activities of their foreign affiliates, this paper proposes supplementary accounting formats that classify cross-border and foreign affiliate activities on an ownership basis, in contrast to the residency approach followed in the balance-of-payments accounts. One format combines net cross-border sales by Americans to foreigners, net sales by foreign affiliates of U.S. firms to foreigners, and net sales of U.S. firms to U.S. affiliates of foreign firms to yield a figure that indicates net sales by Americans to foreigners. Another accounting format measures the value-added embodied in cross-border and foreign affiliate activities on an ownership basis. U.S. cross- border and foreign affiliate activities based on these two approaches are presented and analyzed for the period, 1987-1992. In addition, data by industry are presented in these formats.
|Date of creation:||Mar 1996|
|Date of revision:|
|Publication status:||published as Baldwin, Robert E. and Fukunari Kimura. "Measuring U.S. International Goods and Services Transactions". Geography and Ownership as Bases for Economic Accounting. Edited by Robert E. Baldwin, Robert E. Lipsey, and J. David Richardson, The Univ. Chicago Press: Chicago, Ill,1998, pp. 9-36|
|Contact details of provider:|| Postal: |
Web page: http://www.nber.org
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Harry P. Bowen & Leo Sveikauskas, 1989.
"Judging Factor Abundance,"
NBER Working Papers
3059, National Bureau of Economic Research, Inc.
- Robert E. Lipsey, 1992. "Foreign Direct Investment in the U.S.: Changes Over Three Decades," NBER Working Papers 4124, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:5516. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.