Multinational Firms in the U.S. Economy: Insights from Newly Integrated Microdata

Fariha Kamal, Jessica McCloskey and Wei Ouyang
Additional contact information
Wei Ouyang: Bureau of Economic Analysis

BEA Working Papers from Bureau of Economic Analysis

Abstract: This paper describes the construction of two confidential crosswalk files enabling a comprehensive identification of multinational firms in the U.S. economy. The effort combines firm-level surveys on direct investment conducted by the U.S. Bureau of Economic Analysis (BEA) and the U.S. Census Bureau’s Business Register (BR) spanning the universe of employer businesses from 1997 to 2017. First, the parent crosswalk links BEA firm-level surveys on U.S. direct investment abroad and the BR. Second, the affiliate crosswalk links BEA firm-level surveys on foreign direct investment in the United States and the BR. Using these newly available links, we distinguish between U.S.- and foreign-owned multinational firms and describe their prevalence and economic activities in the national economy, by sector, and by geography.

JEL-codes: F10 F14 F23 (search for similar items in EconPapers)
Date: 2022-09
New Economics Papers: this item is included in nep-int, nep-inv and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.bea.gov/system/files/papers/BEA-WP2022-11.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bea:wpaper:0202

Access Statistics for this paper

More papers in BEA Working Papers from Bureau of Economic Analysis Contact information at EDIRC.
Bibliographic data for series maintained by Andrea Batch ().