in accordance with the market-valuation principle. However, if balance sheet values are based on historical cost or on interim, but not current, revaluations, such balance-sheet values do not conform with the market-valuation principle.
7.2 Table 7.1 shows the primary method used in 2001 and 1997 to value equity capital assets and liabilities in the inward FDIposition data. Table 40 of Appendix I provides details by country for 2001 for both the inward and outward FDIposition data, broken down into both equity capital and other capital. Table 7
Jannick Damgaard, Thomas Elkjaer, and Marco A Espinosa-Vega
(SPEs), or intangibles, e.g., intellectual property rights that are easily moved between economies in an increasingly digitalized global environment.
This paper analyzes the three main ways that FDI measures are geographically decoupled and then estimates the first global FDI network to address them. First, there are bilateral asymmetries between FDIpositions for most economy pairs in the published numbers: one economy’s outward FDI does not match the counterpart economy’s inward FDI from that economy. For instance, in the IMF’s Coordinated Direct Investment Survey