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While growth figures are high for Soviet industry in general, they
are especially impressive for the MBMW sector which has far
outperformed other sectors of the economy. The question widely
debated in the U.S.S.R. now is whether these impressive figures
actually reflect the growth of physical output. To put it
differently, did the Soviet economy receive more machines and
equipment as a result of this growth, and, if so, was the rate of
real growth the same as the growth in value terms? But why would
one raise such a question in the first place? To answer this and
similar questions, the procedures of Soviet measurement of output,
productivity, costs and prices have been analyzed in this study.
Special attention is given to the processes of planning quality
improvements and pricing new technological items. An analysis of
procedures and methodological instructions used in planning and
pricing MBMW products may be helpful in revealing possible
discrepancies between prices of new goods and their quality
characteristics.
While growth figures are high for Soviet industry in general, they
are especially impressive for the MBMW sector which has far
outperformed other sectors of the economy. The question widely
debated in the U.S.S.R. now is whether these impressive figures
actually reflect the growth of physical output. To put it
differently, did the Soviet economy receive more machines and
equipment as a result of this growth, and, if so, was the rate of
real growth the same as the growth in value terms? But why would
one raise such a question in the first place? To answer this and
similar questions, the procedures of Soviet measurement of output,
productivity, costs and prices have been analyzed in this study.
Special attention is given to the processes of planning quality
improvements and pricing new technological items. An analysis of
procedures and methodological instructions used in planning and
pricing MBMW products may be helpful in revealing possible
discrepancies between prices of new goods and their quality
characteristics.
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