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Monday, July 27, 2020 | History

2 edition of Price inflation in the Soviet machine-building and metalworking sector found in the catalog.

Price inflation in the Soviet machine-building and metalworking sector

Fyodor I. Kushnirsky

Price inflation in the Soviet machine-building and metalworking sector

by Fyodor I. Kushnirsky

  • 379 Want to read
  • 29 Currently reading

Published by Delphic Associates in [Falls Church, Va.] .
Written in English

    Places:
  • Soviet Union.
    • Subjects:
    • Machinery -- Prices -- Soviet Union.,
    • Metalworking industries -- Prices -- Soviet Union.,
    • Inflation (Finance) -- Soviet Union.

    • Edition Notes

      StatementF.I. Kushnirsky.
      SeriesMonograph series on Soviet Union
      Classifications
      LC ClassificationsHD9705.S595 K87 1983
      The Physical Object
      Paginationvii, 106 leaves ;
      Number of Pages106
      ID Numbers
      Open LibraryOL3243817M
      LC Control Number83159361

        Official caution about decontrolling prices has grown as the Soviet union has given closer study to other Communist countries, like China, where economic change has bogged down in inflation. The Bank of Russia’s inflation challenge The Central Bank of the Russian Federation Abstract Since the early s, inflation in Russia never fhas allen below 6%, except for brief intervals following the major crisis of and the changes in to seasonal the indexation of administered prices.

      Inflation: Soviet Style, If inflation is a matter of sharp run-ups in the money supply (“too much money chasing too few goods”), I witnessed that phenomenon first-hand, and it was a lesson I’ll never forget. Prices zoomed. German men and women, for the most part ragged, hollow-eyed, thin, forlorn- looking, peddled what Author: William H. Peterson. As of real GDP increased by the highest percentage since the fall of the Soviet Union at %, the ruble remains stable, inflation has been moderate, and investment began to increase again. In the World Bank declared that the Russian economy had achieved "unprecedented macroeconomic stability.

        M-1, M-2, M-3 and M-anything else are all unknown in the Soviet Union, which does not publish money supply figures and, for that matter, has far . The post World War-2 Soviet Union was believed to have used this price fixing policy widely. The Problem with Price Fixing: Free Markets: Price fixing may in theory, solve the problem of inflation. However, in reality countries like the Soviet Union experienced runaway inflation when price fixing was being implemented.


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Price inflation in the Soviet machine-building and metalworking sector by Fyodor I. Kushnirsky Download PDF EPUB FB2

Soviet Cost-Accounting in the Machine-Building and Metal-Working Sector: Selected Papers With Analysis [Ehiel Ash] on *FREE* shipping on qualifying offers.

Rosefielde, Steven, "Disguised Inflation in Soviet Industry: A Reply to James Steiner." J. Comp. Econ. 7,June Steiner, James, Inflation in Soviet Industry and Machine-Building and Metalworking (MBMWJ Cited by: 2.

Since the machinebuilding sector has the most rapidly changing product mix of any sector of industry, it is often cited as the sector experiencing the highest rate of inflation in the Soviet economy. An index of wholesale prices for the machinebuilding and metalworking (MBMW) sector of Soviet industry is published annually by the Soviet Cited by: The resulting index is Paasche in nature because the implicit weights reflect thenyear composition of output.

Further, the sample of goods in the index is the population of production. 37 of the working paper, I compare the implicit Soviet price index with the official Soviet price-index-annual inflation rates of and %, by: 6.

Abstract. Official price trends in the USSR and in the Soviet-type economies have changed markedly through time but have followed a roughly uniform general pattern: hyperinflation at times of war, systemic transition and reconstruction; inflation at times of accelerated industrialization; stabilization through currency reform and fiscal measures, followed by modest deflation and a record of Cited by: The hidden inflation rate is p = [(rq + a)/rq)' - 1 ] = [(/) - 1] per annum where rq +,r = nominal gross Soviet industrial output (in billions of rubles) rq = real Soviet industrial output (adjusted for unearned profit, 1r).

Note that Soviet prices are set to cover the cost Cited by: 4. After Stalin took charge, the Soviet economy struggled with inflation for two decades, until a currency reform in finally established a stable monetary system based on fixed prices. Although price controls prevented inflation, they also created persistent shortages of food andAuthor: Steven M.

Efremov. HIDDEN INFLATION AND REAL SOVIET INDUSTRIAL GROWTH The most comprehensive exposition of the hypothesis that real Soviet industrial production is significantly exaggerated by hidden inflation has recently been advanced by James Steiner in his monograph Inflation in Soviet Industry and Machine-Building and Metalworking (MBMW) in Cited by: Industry, State, and Society in Stalin's Russia, – [Shearer, David R.] on *FREE* shipping on qualifying offers.

Industry, State, and Society in Stalin's Russia, –Cited by: 4 reconsiders the fixing of ‘unchanged’ prices for new products and models as a mechanism of Soviet hidden inflation in the light of index number theory and western statistical practice.

Part 5 concludes. The role of hidden inflation Soviet economic power made. Soviet real output was measured officially in plan prices, i.e. the unchanged prices of / Part 2 shows how Soviet hidden inflation in plan prices became an issue for Western scholarly research.

Part 3 reviews the methodology for setting plan prices implemented in Soviet industry between andcontrasts it with. A weighted aggregate price index of Soviet machine-building and metalworking (MBMW) in the period is offered as an alternative to the Soviet official index, whose defects make it.

Transition 2 (1) (English) Abstract. The contents of this socialist economies in transition newsletter include: stabilization efforts in Poland and Yugoslavia - early lessons; study on the Soviet Union - interview with John Holaen; convertibility for Eastern Europe; quotation of the month Cited by: 1.

Title: Price Index for Soviet Machinery, Author: Vladimir G. Treml Subject: A weighted aggregate price index of Soviet machine-building and metalworking (MBMW) in the period is offered as an alternative to the Soviet official index, whose defects make it useless for analysis.

A dollar index of Soviet machinery output, to (Santa Monica, Calif., Rand Corp., ), by Alexander Gerschenkron and Rand Corporation (page images at HathiTrust) The role of cost in Soviet machine building. (Washington, ), by United States Central Intelligence Agency. Office of Research and Reports and Scot Butler (page images.

Unfortunately, this book can't be printed from the OpenBook. Visit to get more information about this book, to buy it in print, or to download it as a free PDF. This version: Ma The Soviet Defense Industry Complex in World War II* Mark Harrison** Department of Economics University of Warwick * Published in World War II and the Transformation of Business Systems, pp.

File Size: KB. inflation in machine-building prices averaged 27 to 34 percent from the Eighth Five Year Plan period through the Eleventh ( through ).4 These assertions point to the desirability of independent Western estimation of Soviet price indexes.

However, few attempts have been made to measure the rate of price change in MBMW. The Effect of Price Inflation on aB Soviet Expenditures for Defense and Space. Summary. Tho major price revisions established by the USSR7 probably account for aportion of the large increases announced in8 defense budget, as well as the science budget, which includes funds fornd all.

Brookings Papers on Economic Activity, Table 1. Changes in Output, Percent Change from Change from Item to to Gross national product -2 File Size: 1MB. THE SOVIET ECONOMY on *FREE* shipping on qualifying offers. THE SOVIET ECONOMYManufacturer: 'S PRESS.Bythe corresponding values were 1, (%), (%) and 2, (%).

The Soviet Union maintained itself as the second largest economy in both nominal and purchasing power parity values for much of the Cold War untilwhen Japan's economy exceeded $3 trillion in nominal cy: Soviet ruble (SUR).This book concludes The Industrialisation of Soviet Russia, an authoritative account of the Soviet Union’s industrial transformation between and The volume before this one covered the ‘good years’ (in economic terms) of to The present volume has a darker tone: beginning from the Great Terror, it ends with the Hitler-Stalin pact and the outbreak of World War II in by: 1.