Measuring U.S. International Goods and Services Transactions / Robert E. Baldwin, Fukunari Kimura.

Format:

Book

Author/Creator:

Baldwin, Robert E.

Contributor:

National Bureau of Economic Research.

Kimura, Fukunari.

Series:

Working Paper Series (National Bureau of Economic Research) no. w5516.

NBER working paper series no. w5516

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1996.

Summary:

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.

Notes:

Print version record

March 1996.