Global links : Liaisons globales : tendances à long terme de l'investissement étranger et du contrôle étranger au Canada, 1960 à 2000

The level of uncertainty will depend on several factors: the nature of the functional form used in the multivariate analysis; the type of econometric technique employed; the appropriateness of the statistical assumptions embedded in the model or technique; the comprehensiveness of the variables included in the analysis; and the accuracy of the data that are utilized. [...] These data classify all the activities of firms to particular industries when summarizing the level of foreign control at the industry level.5 The Manufactures data use the CALURA definition of control but assign control at the establishment rather than the firm level. [...] The present stock of foreign direct investment6 is the result of the cumulation of past flows of foreign direct investment and changes in the valuation of these assets. [...] The change in the direction of assets under foreign control leads changes in the direction of revenue under foreign control both at the beginning of the decline and then at the beginning of the rebound. [...] The decline in the 1970s and early 1980s that occurs in the proportion of assets under foreign control is large—dropping from 35% of the total to only 21% of the total over the period.