Table 10.Cross-Country Correlations Between Per Capita GNP and the Intrafirm Share of U.S. Trade in Goods with Trading Partners
|U.S. exports to country||U.S. imports from country|
|Coefficient of correlation across 59 countries between per capita GNP and the percentage of U.S. exports to or imports from country accounted for by:|
|Total intrafirm trade||0.601||***||0.672||***|
|Intrafirm trade between U.S. parent companies and their majority-owned foreign affiliates:|
|Affiliates in all industries||.659||***||.122|
|Wholesale trade affiliates||.731||***||.240||*|
|Affiliates in petroleum and other industries||-.191||-.135|
|Intrafirm trade between U.S. affiliates and their foreign parent groups:|
|Affiliates in all industries||.211||.709||***|
|Wholesale trade affiliates||.077||.588||***|
|Affiliates in petroleum and other industries||-.062||-.077|
*** Statistically significant at the 99-percent confidence level.
** Statistically significant at the 95-percent confidence level.
* Statistically significant at the 90-percent confidence level.
NOTE.The sample of 59 countries consists of all of the trading partners shown in table 6 except the Netherlands Antilles, Angola, and Kuwait (see note to table 9).
GNP Gross national product