IDEAS home Printed from https://ideas.repec.org/p/bea/papers/0120.html
   My bibliography  Save this paper

Experimental Ultimate Host Economy Statistics for U.S. Direct Investment Abroad

Author

Listed:
  • Kirsten Brew
  • Jessica Hanson
  • Ricardo Limés
  • Ryan Smith
  • Larkin Terrie

Abstract

Following international guidelines, BEA statistics on bilateral U.S. direct investment abroad are compiled and presented by immediate partner economy. While this approach is well suited for many purposes, it can lead to difficulty in interpreting direct investment statistics, especially in identifying the economies that are the ultimate destinations, or hosts, of direct investment. BEA’s initial effort to produce U.S. direct investment abroad statistics by ultimate host economy (UHE), described in this paper, focused on producing statistics on equity position by UHE using six different methods to reallocate the equity position by immediate host economy. The methods are implemented using direct investment data reported on BEA’s Quarterly Survey of U.S. Direct Investment Abroad and activities of multinational enterprises data reported on BEA’s Benchmark Survey of U.S. Direct Investment Abroad. The paper concludes that three of the six methods merit further exploration and presents summary country and sector-level results for the selected methods.

Suggested Citation

  • Kirsten Brew & Jessica Hanson & Ricardo Limés & Ryan Smith & Larkin Terrie, 2023. "Experimental Ultimate Host Economy Statistics for U.S. Direct Investment Abroad," BEA Papers 0120, Bureau of Economic Analysis.
    • Handle: RePEc:bea:papers:0120
    as

    Download full text from publisher

    File URL: https://www.bea.gov/system/files/papers/BEA-WP2023-9.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maria Borga & Cecilia Caliandro, 2018. "Eliminating the Pass-Through: Towards FDI Statistics that Better Capture the Financial and Economic Linkages between Countries," NBER Working Papers 25029, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. I. P. Gurova, 2020. "Offshore Investment in the Russian Economy," Studies on Russian Economic Development, Springer, vol. 31(4), pages 449-456, July.
    2. Jean-François Hennart & Dylan Sutherland, 2022. "International business research: The real challenges are data and theory," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(9), pages 2068-2087, December.
    3. Ergen, Timur & Kohl, Sebastian & Braun, Benjamin, 2021. "Firm foundations: The statistical footprint of multinational corporations as a problem for political economy," MPIfG Discussion Paper 21/5, Max Planck Institute for the Study of Societies.
    4. Nadia Accoto & Giacomo Oddo, 2023. "Looking beyond the curtain: pass-through capital and round-tripping in Italy's foreign direct investment," Questioni di Economia e Finanza (Occasional Papers) 762, Bank of Italy, Economic Research and International Relations Area.
    5. Bohn, Timon & Brakman, Steven & Dietzenbacher, Erik, 2021. "From exports to value added to income: Accounting for bilateral income transfers," Journal of International Economics, Elsevier, vol. 131(C).
    6. Casella, Bruno, 2019. "Looking through conduit FDI in search of ultimate investors – a probabilistic approach," MPRA Paper 95188, University Library of Munich, Germany.
    7. Bruno Casella, . "Looking through conduit FDI in search of ultimate investors – a probabilistic approach," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.

    More about this item

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bea:papers:0120. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Andrea Batch (email available below). General contact details of provider: https://edirc.repec.org/data/beagvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.