A polynomial map F:R(2) --> R(2) is Said to satisfy the Jacobian condi
tion if For All(X, Y) is an element of R(2), J(F)(X, Y) not equal 0. T
he real Jacobian conjecture was the assertion that such a map is a glo
bal diffeomorphism. Recently the conjecture was shown to be false by S
. Pinchuk. According to a theorem of J. Hadamard any counterexample to
the conjecture must have asymptotic values. We give the structure of
the variety of all the asymptotic values of a polynomial map F:R(2) --
> R(2) that satisfies the Jacobian condition. We prove that the study
of the asymptotic values of such maps can be reduced to those maps tha
t have only X- or Y-finite asymptotic values. We prove that a Y-finite
asymptotic value can be realized by F along a rational curve of the t
ype (X(-k), A(0) + A(1)X + ... A(N-1)X(N-1) + YX(N)), where X --> 0, Y
is fixed and K, N > 0 are integers. More precisely we prove that the
coordinate polynomials P(U, V) of F(U, V) satisfy finitely many asympt
otic identities, namely, identities of the following type, P(X(-k), A(
0) + A(1)X + ... + A(N-1)X(N-1) + YX(N)) = A(X, Y) is an element of R[
X, Y], which 'capture' the whole set of asymptotic values of F.