Definition: Technological balance of payments

Category: Foreign direct investment

Corresponds to cross-border technological receipts minus technological payments. http://ec.europa.eu/eurostat/ramon/statmanuals/files/OECD_Handbook on_Eco_Glob_Indicators.pdf
Source:
Organization for Economic Cooperation and Development (OECD), "Measuring Globalisation. OECD Handbook on Economic Globalisation Indicators (2005 Edition)", Paris, 2005
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