Geography and ownership as bases for economic accounting / edited by Robert E. Baldwin, Robert E. Lipsey, and J. David Richardson.

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               Prefatory Note                                          ix

               Introduction             1
               Robert E. Baldwin, Robert E. Lipsey. and
               J. David Richardson

1.Measuring U.S. International Goods and
          Services Transactions                                    9
          Robert E. Baldwin and Fukunari Kimura
          Comment: Guy V. G. Stevens

2.Application of a Nationality-Adjusted Net Sales
          and Value-Added Framework: The Case of Japan            49
          Fukunari Kimura and Robert E. Baldwin
          Comment: Michael G. Plummer

3.Internationalized Production in World Output            83
          Robert E. Lipsey, MaLynus Blomstr6m. and
          Efic D. Ramstetter
          Comment: Raymond J. Mataloni.  Jr.

4.Accounting for Outward Direct Investment from
          Hong Kong and Singapore: Who Controls What? 139
          Linda Low, Erlc D. Ramstetter, and
          Henry Wai-Chung Yeung
          Comment: Rachel McCulloch

5.Accounting for Chinese Trade: Some National
          and Regional Considerations                            173
          K. C. Fung
          Comment: Marcus Noland

6.Imported Inputs and the Domestic Content of
	  Production by Foreign-Owned Manufacturing
	  Affiliates in the United States	205
	  William J. Zeile
          Comment:David L. Hummels

7.Comparing Wages, Skills. and Productivity
          between Domestically and Foreign-Owned
          Manufacturing Establishments in the
          United States                 235
          Comment:Keith Head

8.The Significance of International Tax Rules for
          Sourcing Income: The Relationship between
          Income Taxes and Trade Taxes                        259
          John Mutti and Harry Grubert
          Comment:Kristen L. Willard

9.The Effect of U.S. State Tax and Investment
          Promotion Policv on the Distribution of Inward
          Direct Investment                                  285
          Deborah L. Swenson
          Comment:Michael Wasylenko


10.A Measure of the Current Account Related
	to the Well-Being of Japan: Generational
	Accounts in the Open Economy	315
	Eric O'N. Fisher
	Contributors	335
	Author Index	337
	Subject Index	341