*** Outward Foreign Investment from the U.S., 1983-1994 ***



Contributed by:    Matthew Slaughter

                   Dept. of Economics

                   Dartmouth College

                   Hanover, NH 03755

E-mail:            slaughter@dartmouth.edu



Source: U.S. Direct Investment Abroad:  Operations of U.S. Parent Companies and

        Their Foreign Affiliates, Bureau of Economic Analysis, Department of Commerce.





        The files FDIOUT83.ASC,...,FDIOUT94.ASC contain all tables from the

source publications listed above.  The extension GZ refers to the GNU Zip program,

which is a public-access program used to create zipped files on a UNIX platform.

These files can be unzipped with several programs, including the public-access

Stuffit Expander, which is available from Aladdin Systems via anonymous FTP at

the site ftp://ftp.aladdinsys.com/.  It is recommended that you download the

Stuffit Expander if you have any difficulty in decompressing these files.

For each .GZ file, there is a like-named file with the extension .TXT that

contains details about the tables.



        The U.S. Direct Investment Abroad surveys contain data on the financial

structure and operations of a sample of nonbank U.S. companies and their nonbank

foreign affiliates for each fiscal year.  A report is required from every nonbank

U.S. person having a nonbank foreign affiliate at the end of each fiscal year

with assets, sales or net income exceeding $10 million.  The estimates shown in

the tables were obtained by expanding the sample data to universe totals; that

is, data for U.S. parent companies and foreign affiliates not in the sample are

estimated and then added to the reported data for parents and affiliates in the

sample to yield universe totals.  For 1989 and 1994, the Tables are taken from

larger benchmark surveys.  The 1989 survey covered the universe of U.S. direct

investment abroad, which consists of all foreign business enterprises owned 10

percent or more, directly or indirectly, by a U.S. person.  The 1994 survey

covered all foreign affiliates of U.S. direct investors (foreign companies owned

10 percent or more by a U.S. person) that had assets, sales, or net income of

more than $3 million.



        The tables contained in these files were taken directly from disks

sold by the U.S. Department of Commerce.  For further information you can

consult the hard copy of these publications, and the following person at the

Bureau of Economic Analysis:  Raymond Mataloni, (202) 606-9867,

raymond.mataloni@bea.doc.gov.