TY  - JOUR
AU  - Baldwin,Robert E.
AU  - Kimura,Fukunari
TI  - Measuring U.S. International Goods and Services Transactions
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5516
PY  - 1996
Y2  - March 1996
UR  - http://www.nber.org/papers/w5516
L1  - http://www.nber.org/papers/w5516.pdf
N1  - Author contact info:
Robert E. Baldwin
University of Wisconsin-Madison
Department of Economics
7321 Social Science Building
1180 Observatory Drive
Madison, WI  53706
Tel: 608/263-7397
Fax: 608/263-3876;608/233-8284
E-Mail: rebaldwi@facstaff.wisc.edu

Fukunari Kimura
Faculty of Economics
Keio University
JAPAN
E-Mail: fkimura@econ.keio.ac.jp
M1  - published as Robert E. Baldwin, Fukunari Kimura. "Measuring U.S. International Goods and Services Transactions," in Robert E. Baldwin, Robert E. Lipsey and J. David Richards, editors, "Geography and Ownership as Bases for Economic Accounting" University of Chicago Press (1998)

AB  - 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.
ER  -