DERIVATION OF 1959 VALUE-ADDED WEIGHTS FOR ORIGINATING SECTORS OF SOVIET GROSS NATIONAL PRODUCT.
Abstract
The study on the derivation of national product originating in seven sectors of the Soviet economy is intended to provide the weights for indexes of gross national product (GNP) appearing in contributions by the author to the Joint Economic Committee of Congress and in internal RAC publications. The first section of the report describes the modification of conventional Western national accounting methodology to suit conditions imposed by the Soviet institutional environment and data availability. In this connection the differences between the Soviet concept of national accounting and that used by the author are presented. The major estimating effort is concerned with wage-type incomes, the largest element in cost of national product. Three estimating procedures have been used depending on the nature of official estimates: National income originating, the wage portion of gross sector expenditures, and scattered income flows and expenditures. For most of the sectors alternative approaches have been used with little variation between resulting estimates. Estimates are subsequently derived for the other three elements of cost: interest, rent, and depreciation charges. For these factors both Soviet magnitudes and US analogues have been used. When the various cost elements are combined and distributed by sector, sectors of origin weights are obtained. As compared with origin weights for the US economy. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1966
- Accession Number
- AD0635189
Entities
People
- Stanley H. Cohn