Noncomparable Imports

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Definition

Noncomparable Imports. Consist of three types of services: (1) Services that are produced and consumed abroad, such as airport expenditures by U.S. airlines in foreign countries; (2) services imports that are unique, such as payments for the rights to patents, copyrights, or industrial processes; and (3) services imports that cannot be identified by type, such as payments by U.S. companies to their foreign affiliates for an undefined “basket” of services. In preparing the I-O accounts, these imports are distributed directly to industries and to final users.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009