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Home Publications Blogs Beat the Press Which Country Got All the Royalties in February?

Which Country Got All the Royalties in February?

Wednesday, 14 April 2010 08:05

That might have been a good question for reporters to address when they reported on the February trade data released yesterday. The data showed that royalties and licensing fees had increased by $883 million from January, a rise of more than 40 percent.

This has occasionally happened in prior months and presumably reflects one-time payments to a producer or set of producers. However, this was a big part of the $2.8 billion rise in the overall trade deficit from January and it deserved some mention in the coverage of the February data.

Comments (3)Add Comment
written by Kevin, April 14, 2010 5:03
The winter olympics were in February; how much did NBC pay for the exclusive rights to give terrible coverage?
written by vorpal, April 15, 2010 2:59
In Feb 2009, the trade deficit was $28.8 billion, in Feb 2010, it was $40.5 billion.(Exibit 12)

The difference? $10 billion more in oil import cost.(Exibit 17)

It seems one of the effects of 'stimulus' is to increase the trade deficit. IMHO, it's like turning up the thermostat with window in the living room wide open.(Actually, this is more than IMHO, since econometrics and thermodynamics are more or less equivalent..but that's another story.)
Does this have anything to do with producers?
written by paul, April 20, 2010 3:17
I thought royalties and licensing fees these days were in large part a way for multinationals to dodge taxes.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.