Benchmark definition of fdi driver#

Unlike the foreign parent, the UBO of an affiliate may be located in the United States. affiliate is that person or entity, proceeding up the affiliate’s ownership chain, beginning with and including the foreign parent, that is not owned by more than 50 percent by another person. For these data, establishments with foreign ownership were identified if they could be matched with a company reporting at least 10 percent total foreign ownership in BEA’s 2012 Benchmark Survey of Foreign Direct Investment in the United States. If an employer conducts different activities at various establishments, separate industrial codes are assigned, to the extent possible, to each establishment.įoreign ownership. Industrial codes are assigned by state agencies to each establishment based on responses to questionnaires where employers indicate their principal product or activity.

NAICS codes are the standard used by federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data. North American Industry Classification System (NAICS) codes. Most employers covered under the state UI laws operate only one place of business. An individual establishment is generally defined as a single physical location at which one, or predominantly one, type of economic activity is conducted. Special adjustments (described below) were made to the OES methodology to estimate employment and wages by occupation for establishments with foreign ownership. These same establishments were then identified in the Occupational Employment Statistics (OES) survey data for the 3-year period of 2011–13. Data from BEA’s 2012 Benchmark Survey of Foreign Direct Investment in the United States were used to identify establishments in the Quarterly Census of Employment and Wages (QCEW) for this period that were part of companies with partial or complete foreign ownership. These data are the result of a cooperative effort between the Department of Labor's Bureau of Labor Statistics (BLS) and the Department of Commerce's Bureau of Economic Analysis (BEA). You can send comments on these data to /forms/fdi.htm. 'Comparing wages, skills, and productivity between domestically and foreign-owned manufacturing establishments in the United States.' Geography and ownership as bases for economic accounting. Academic research has shown, for example, that manufacturing establishments with foreign ownership tend to be more productive and pay higher wages than domestically owned plants. These tabulations provide insight into this important segment of the U.S.

Establishments without such a relationship are called domestically owned.ĭata for establishments not identified as foreign owned, either because they are domestically owned or because their foreign-owned status could not be verified, are provided for comparison purposes.ĭata are for the 50 states and the District of Columbia. We refer to these as establishments with foreign ownership. Establishments with such ownership are considered to be in a foreign direct investment relationship. Bureau of Labor Statistics and the Bureau of Economic Analysis have developed research data on employment, wages, and occupations for establishments that have at least one foreign owner with at least 10 percent ownership during 2012. The new edition now addresses the uses of FDI statistics, including globalisation indicators, and provides a chapter relating to the statistics on the activities of multinational enterprises.Įlectronic access restricted to Villanova University patrons.The U.S. The revised Benchmark Definition provides methods for classifying different types of FDI (e.g., mergers and acquisitions, greenfield investments) and for identifying the ultimate investor. This edition introduces new analytical data breakdowns and statistical treatments that better reflect the realities of today’s world economy. It provides a single point of reference for statisticians and users on all aspect of FDI statistics, while remaining compatible with other internationally accepted statistical standards. The OECD Benchmark Definition of Foreign Direct Investment sets the world standard for FDI statistics.

Benchmark definition of fdi driver#

Foreign direct investment (FDI) is a major driver of globalisation.