Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
44 SURVEY OF CURRENT BUSINESS August 1986
Table 9.—U.S. Direct Investment Abroad: Royalties and License Fees and Charges for Other Services[Millions of dollars]
1984
Royalties and license fees
NetU.S.
parents'receipts
U.S.parents'
pay-ments
Charges for other services l
NetU.S.
parents'receipts
U.S.parents'
pay-ments
1985
Royalties and license fees
NetU.S.
parents'receipts
U.S.parents'
pay-ments
Charges for other services 1
NetU.S.
parents'receipts
U.S.parents'
pay-ments
All areas 3,923 4,018Petroleum 22 23Manufacturing 3,027 3,072Other 874 923
Developed countries 3,649 3,738Petroleum 18 19Manufacturing 2,859 2,900Other 772 819
Canada 488 502Petroleum 1 1Manufacturing 396 408Other 92 93
Europe 2,467 2,533Petroleum 1 2Manufacturing 1,984 2,009Other 481 522
Other 694 704Petroleum 16 16Manufacturing 478 483Other 199 205
Developing countries 273 278Petroleum 3 3Manufacturing 168 172Other 102 104
Latin America 151 156Petroleum 3 3Manufacturing 99 102Other 50 52
Other 121 122Petroleum (*) (*)Manufacturing 69 70Other 52 52
International 1 1
2,437621
1,205611
1,520240963316
721
154
691(D)
518
10872
806264242300
188(D)67(D)
618(D)
175(D)
111
4,465796
1,8211,848
3,180363
1,5431,274
110571218
1,875180837858
40673
135198
1,137297277563
4226385
274
715234192
2,028175616
1,237
1,661122580958
178
64
1,185<°)
319
2982
3313336
263
234(D)18(D)
97(D)17(D)
36
4,12321
3,174928
3,875(D)
3,006
477(*)
379
2,6871
2,138548
710<")
489
248(D)
168(D)
133(D)95
1151
7341
4,23521
3,226
3,969(D)
3,055
494(*)
395
2,7541
2,165
721(D)
495(D)
266(D)
171(D)
150(D)98
1161
7342
112(*)5260
94(*)4945
17(*)17(*)
670
2640
11064
1803
16
1802
15
10
(*)(*)
2,526603
1,254668
1,692235
1,004454
76747
794121533140
13167
773257251265
174547841
599203172224
61
4,811768
1,9812,063
3,511357
1,6911,464
1,039130676232
1,999158876964
47468
138267
1,143284290569
45563
100291
220189278
157
2,285164726
1,394
1,819122687
1,010
27183
1,20537
343
3702739
304
2819
22250
181754
96
* Less than $500,000 (±).D Suppressed to avoid disclosure of data of individual companies.1. Consists of service charges, rentals for the use of tangible property, and film and television
tape rentals. In 1985, U.S. parents'receipts of service charges were $4,183 million, of rentals
for the use of tangible property were $182 million, and of film and television tape rentalswere $446 million; U.S. parents' payments were $2,245 million, $27 million, and $13 million,respectively.
Table 10.—U.S. Direct Investment Abroad: Position and Balance of Payments Flows, 1977-85[Millions of dollars]
1977 1978 1979 1980 1981 1982 » 1983 1984 1985
Direct investment position
Capital outflows (inflows (—))..Equity capitalReinvested earningsIntercompany debt
Income
Royalties and license fees, net receipts
Charges for other services, net receipts 3...
145,990
11,893(2)(2)
(2)19,673
2,173
1,710
162,727
16,056(2)(2)(2)
25,458
2,697
2,008
187,858
25,222(2)(2)(2)
38,183
3,002
1,978
215,375
19,222(2)(2)(2)
37,146
3,693
2,087
9,624(2)(2)(2)
32,549
3,658
2,136
207,752
-2,3699,7081,359
-13,436
21,380
3,507
1,816
207,203
3734,9037,139
-11,669
20,499
3,597
2,532
212,994
3,8581,6809,126
-6,948
21,509
3,923
2,437
232,667
18,752-2,28020,664
368
34,320
4,123
2,526
1. Th&re is a break in series between 1981 and 1982 because, beginning with 1982, the estimatesof all items have been revised to incorporate the results of the 1982 benchmark survey of U.S.direct investment abroad. Previous estimates for these years were, and current estimates for1977-81 continue to be, linked to the 1977 benchmark survey.
2. For years prior to 1982, capital outflows cannot be disaggregated by component because datafor the components were not reported separately for unincorporated foreign affiliates.
3. Consists of service charges, rentals for the use of tangible property, and film and televisiontape rentals.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
August 1986
62 SURVEY OF CURRENT BUSINESS August 1987
Table 9.—U.S. Direct Investment Abroad: Royalties and License Fees and Charges for Other Services[Millions of dollars]
1985
Royalties and license fees Charges for other services
NetU.S.
parents'receipts
U.S.parents'
pay-ments
NetU.S.
parents'receipts
U.S.parents'
pay-ments
Royalties and license fees
NetU.S.
parents'receipts
U.S.parents'
pay-ments
Charges for other services l
NetU.S.
parents'receipts
U.S.parents'
pay-ments
All areas 4,224 4,350Petroleum.. 22 22Manufacturing 3,304 3,354Other , 898 974
Developed countries 3,990 4,082Petroleum (D) (°)Manufacturing 3,136 3,184Other...... (°) (D)
Canada 470 487Petroleum (*) (*)Manufacturing 378 393Other .. 92 94
Europe 2,799 2,863Petroleum 2 2Manufacturing 2,252 2,280Other 544 581
Other.. 721 732Petroleum (D) (D)Manufacturing. , .. 506 512Other (D) (D)
Developing countries 234 268Petroleum . (D) (°)Manufacturing ......; 167 170Other.. . (°) (D)
Latin America 119 153Petroleum (D) (°)Manufacturing 95 97Other...... (D) (°)
Other 115 116Petroleum 1 1Manufacturing.......... 73 73Other 41 41
International..... 0 0
126(*)5076
92(*)4744
17(*)152
2,516525
1,246745
1,702240
1,002460
76937
840136542162
9467
782261244277
187567655
595205167222
4,783794
1,9802,009
3,493388
1,6871,419
1,087166
1,986153874959
42068
128224
1,153287293572
4646597
302
196270
137
2,267270734
1,263
1,791147685959
318129
(D)
1,14717
332798
3261
3712749
295
2779
21247
94182948
106
4,71520
3,5131,183
4,37919
3,3431,017
509(*)
406103
2,8703
2,235632
1,00016
703281
3361
169166
180
87
156(*)
4,82120
3,5541,247
4,47719
3,3781,080
519(*)
411108
2,9453
2,259
1,01316
707290
3441
176166
1831
90
161(*)8774
1060
4264
980
3464
10065
750
2451
1305
3,084531
1,4241,128
2,288311
1,159818
90545(D)
1,461198857407
-7868(°)(D)
250265294
1984091
610210175226
-13
5,620790
2,3432,487
4,283399
2,0431,841
1,207126739342
2,632205
1,1701,257
44468
135241
1,208286300622
52557
115352
184270
129
2,536259918
1,359
1,99589
8841,022
30281
1,1717
313851
5221
(D)
3993634
329
3271725
285
73191044
142
* Less than $500,000 (±).D Suppressed to avoid disclosure of data of individual companies.1. Consists of service charges, rentals for the use of tangible property, and film and television
tape rentals. In 1986, U.S. parents' receipts of service charges were $5,044 million, receipts of
rentals for the use of tangible property were $143 million, and receipts of film and television taperentals were $433 million; U.S. parents' payments were $2,375 million, $148 million, and $13 mil-lion, respectively.
Table 10.—U.S. Direct Investment Abroad: Position and Balance of Payments Flows, 1977-86[Millions of dollars]
1978 1979 1981 1982 i 1983 1984 1985 1986
Direct investment position
Capital outflows (inflows (—))..Equity capitalReinvested earningsIntercompany debt
Income
Royalties and license fees, net receipts ...
Charges for other services, net receipts 3
145,990
11,893(2)(2)(2)
19,673
2,173
1,710
162,727
16,056(2)(2)(2)
25,458
2,697
2,008
187,858
25,222
3,002
1,978
215,375
19,222(2)
37,146
3,693
2,087
228,348
9,624(2)(2)(2)
32,549
3,658
2,136
207,752
-2,3699,7081,359
-13,436
21,380
3,507
1,816
207,203
3734,9037,139
-11,669
20,499
3,597
2,532
211,480
2,8211,3478,447
-6,973
21,217
3,921
2,483
229,748
17,267-2,16718,3571,077
32,665
4,224
2,516
259,890
28,047431
18,8948,722
36,697
4,715
3,084
1. There is a break in series between 1981 and 1982 because, beginning with 1982, the estimatesof all items have been revised to incorporate the results of the 1982 benchmark survey of U.S.direct investment abroad. Previous estimates for these years were, and current estimates for1977-81 continue to be, linked to the 1977 benchmark survey.
2. For years prior to 1982, capital outflows cannot be disaggregated by component because datafor the components were not reported separately for unincorporated foreign affiliates.
3. Consists of service charges, rentals for the use of tangible property, and film and televisiontape rentals.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
August 1987
46 SURVEY OF CURRENT BUSINESS August 1988
Table 9.—U.S. Direct Investment Abroad: Royalties and License Fees and Charges for Other Services[Millions of dollars]
1986
Royalties and license fees
NetU.S.
parents'receipts
U.S.parents'
pay-ments
Charges for other services 1
NetU.S.
parents'receipts
U.S.parents'
pay-ments
1987
Royalties and license fees
NetU.S.
parents'receipts
U.S.parents'
pay-ments
Charges for other services l
NetU.S.
parents'receipts
U.S.parents'
pay-ments
All areas 5,427 5,533Petroleum 20 20Manufacturing 4,108 4,155Other 1,299 1,359
Developed countries 5,106 5,204Petroleum 19 19Manufacturing 3,940 3,979Other 1,147 1,206
Canada 587 597Petroleum (*) (*)Manufacturing 491 501Other 96 96
Europe 3,521 3,596Petroleum 3 3Manufacturing 2,745 2,770Other 773 824
Other 998 1,010Petroleum 16 16Manufacturing 704 708Other 279 286
Developing countries 321 329Petroleum 1 1Manufacturing 169 176Other 152 152
Latin America 178 182Petroleum 1 1Manufacturing 85 89Other 92 92
Other 143 147Petroleum (*) (*)Manufacturing 83 87Other 60 60
International 0 0
1060
4659
2,996594
1,3151,086
2,118300
1,071747
84945
579226
1,346188801357
-7867
-309164
810242244324
202396698
607203179226
5,413780
2,1762,458
4,093389
1,8961,808
1,153126703324
2,497195
1,0571,244
44368
136239
1,190285279626
5791
340
702228188286
130
2,417185860
1,371
1,97589
8251,061
30481
12499
1,1518
256
5211
44575
3814335
302
1726
243
9526
6,9174
5,4631,450
6,5983
5,2721,324
585(*)
486100
4,6973
3,736958
1,316(*)
1,050266
3191
192126
1651
9272
1540
10054
7,0654
5,5361,526
6,7293
5,3391,387
614(*)
511103
4,7823
3,7751,004
1,334(*)
1,053281
3361
197138
1711
9675
1650
10164
1480
7276
1310
6764
280
253
850
3945
180
2,391510
1,062820
1,661247825589
95340
621291
170540238
-24037
-33760
685230237218
172647237
513166165182
45
5,147675
2,0352,437
3,980.321
1,7491,909
1,12691
635401
2,452192996
1,265
40139
119244
1,044254286504
4467495
277
598181191227
2,756165974
1,617
2,31874
9251,320
1735113
109
1,50422
4551,027
6411
456184
3592449
285
2741023
240
85142645
79
* Less than $500,000 (±).D Suppressed to avoid disclosure of data of individual companies.1. Consists of service charges, rentals for the use of tangible property, and film and television
tape rentals. In 1987, U.S. parents' receipts of service charges were $4,613 million, receipts of
rentals for the use of tangible property were $146 million, and receipts of film and television taperentals were $388 million; U.S. parents' payments were $2,698 million, $49 million, and $9 mil-lion, respectively.
Table 10.—U.S. Direct Investment Abroad: Position and Balance of Payments Flows, 1977-87[Millions of dollars]
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986
Direct investment position
Capital outflows (inflows(-))...Equity capitalReinvested earningsIntercompany debt
Income
Royalties and license fees, net receipts
Charges for other services, net receipts 3....
145,990
11,893(2)(2)(2)
19,673
2,173
1,710
162,727
16,056(2)(2)(2)
25,458
2,697
2,008
187,858
25,222(2)(2)(2)
38,183
3,002
1,978
215,375
19,222(2)(2)(2)
37,146
3,693
2,087
228,348
9,624(2)(2)(2)
32,549
3,658
2,136
207,752
-2,3699,7081,359
-13,436
21,380
3,507
1,816
207,203
3734,9037,139
-11,669
20,499
3,597
2,532
211,480
2,8211,3478,447
-6,973
21,217
3,921
2,483
230,250
18,068-2,21019,0091,269
33,202
4,096
2,490
259,562
27,811274
19,7097,828
38,417
5,427
2,996
308,793
44,4552,470
35,6696,315
52,308
6,917
2,391
1. There is a break in series between 1981 and 1982 because, beginning with 1982, the estimatesare linked to the 1982 benchmark survey of U.S. direct investment abroad; estimates for 1977-81are linked to the 1977 benchmark survey.
2. For years prior to 1982, capital outflows cannot be disaggregated by component because datafor the components were not reported separately for unincorporated foreign affiliates.
3. Consists of service charges, rentals for the use of tangible property, and film and televisiontape rentals.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
August 1988
66 SURVEY OF CURRENT BUSINESS August 1989
Table 9.—U.S. Direct Investment Abroad: Royalties and License Fees and Charges for Other Services[Millions of dollars]
1987
Royalties and license fees
U.S.parents'receipts
U.S.parents'
payments
Charges for other services '
U.S.parents'
U.S.parents'
payments
1988
Royalties and license fees
NetU.S.
parents'receipts
U.S.parents'
payments
Charges for other services '
U.S.parents'receipts
U.S.parents'
payments
All areas 6,900 7,049Petroleum , 5 5Manufacturing 5,445 5,521Other 1,449 1,523
Developed countries 6,573 6,706Petroleum 4 4Manufacturing. 5,248 5,318Other. 1,321 1,383
Canada 584 610Petroleum '(*) (*)Manufacturing 481 503Other 103 107
Europe 4,678 4,766Petroleum 4 4Manufacturing 3,716 3,760Other 958 1,002
Other 1,311 1,329Petroleum (*) (*)Manufacturing . 1,052 1,055Other. 259 275
Developing countries 327 344Petroleum 1 1Manufacturing 197 203Other 129 140
Latin America and Other Western Hemisphere 166 172Petroleum , 1 1Manufacturing 92 96Other 73 75
Other 161 172Petroleum (*) (*)Manufacturing 105 106Other 56 65
International 0 0
1500
7674
1330
7062
260
233
2,196509906781
1,488264667558
95441
605
784186
-24937
663214239210
159(D)80
504(D)
159(D)
45
5,106669
2,0212,416
3,962332
1,732
1,12789
621417
2,444205993
1,246
39138
118235
1,021238289494
43374
104254
588164185240
122
2,910160
1,1151,635
2,47469
1,065'•• 1,340
1744817
109
1,66019
6401
3582550
284
273
8,3195
6,4541,860
7,8464
6,1791,662
683(*)
566117
5,4404
4,2411,195
1,722(*)
1,372350
4731
275197
2001
11684
273(*)159114
8,4315
6,5261,900
7,9525
6,2491,699
702(*)
584118
5,5195
4,2881,227
1,731.(*)
1,377354
4791
278201
2051
11887
274(*)
160114
112(*)7240
107(*)7036
190
181
78(*)4632
9053
6023
5023
101
(*)
2,858491
1,0271,341
1,968310624
1,033
1,03054
1,256229
-31927
-39651
890
27052
118100
620(D)
284
6,168663
2,3593,146
4,781375
1,9042,502
1,204113639451
3,135234
1,1481,753
44328
117298
1,299
52369
138315
776(D)
316
3,310173
1,3321,805
2,81365
1,2801,468
17460
1,878.5
7611
514247
4093352
325
2531820
215
1561532
109
* Less than $500,000 (±).D Suppressed to avoid disclosure of data of individual companies.1. Consists of service charges, rentals for the use of tangible property, and film and television tape rentals.
In 1988, U.S. parents' receipts of service charges were $5,644 million, receipts of rentals for the use of tangi-
ble property were $204 million, and receipts of film and television tape rentals were $320 million; U.S. par-ents'payments were $3,257 million, $50 million, and $3 million, respectively.
Table 10.—U.S. Direct Investment Abroad: Position and Balance of Payments Flows, 1977-88[Millions of dollars]
1977 1978 1979 1980 1981 1982' 1983 1984 1985 1986 1987
Direct investment position
Capital outflows (inflows(-))...Equity capitalReinvested earningsIntercompany debt ....
Income
Royalties and license fees, net receipts
Charges for other services, net receipts3...
145,990
11,893C2)(2)C)
19,673
2,173
1,710
162,727
16,056O
25,458
2,697
2,008
187,858
25,222o(2)(2)
38,183
3,002
1,978
215,375
19,222(2)(*)O
37,146
3,693
2,087
228,348
9,624(2)(2)<*)
32,549
3,658
2,136
207,752
-2,3699,7081,359
-13,436
21,380
3,507
1,816
207,203
3734,9037,139
-11,669
20,499
3,597
2,532
211,480
2,8211,3478,447
-6,973
21,217
3,921
2,483
230,250
18,068-2,21019,009
1,269
33,202
4,096
2,490
259,800
26,311551
17,6548,106
38,533
5,412
3,024
307,983
44.1943,677
34,2646,252
54,754
6,900
2,196
326,900
17.533-5,46915,1707,831
48,264
8,319
2,858
1. There is a break in series between 1981 and 1982 because, beginning with 1982, the estimates of all itemshave been revised to incorporate the results of the 1982 benchmark survey of U.S. direct investment abroad.Previous estimates for these years were, and current estimates for 1977-81 continue to be, linked to the 1977benchmark survey.
2. For years prior to 1982, capital outflows cannot be disaggregated by component because data for thecomponents were not reported separately for unincorporated foreign affiliates.
3. Consists of service charges, rentals for the use of tangible property, and film and television tape rentals.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
August 1989