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Durable Goods

In: Personal Consumption in the USSR and the USA

Author

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  • Igor Birman

Abstract

While in the USSR the consumption of soft goods is twice as large as of durables, in the US significantly more is spent on the latter than on the former (see Table 4.1). Unfortunately the CIA work gives only a limited presentation and a very meagre analysis of its results of comparison for this component of consumption. It is unfortunate because, as other basic components — food, clothing, and housing — are increasingly satisfied, the growth of the standard of living and significant qualitative changes in it are manifested in durables.1

Suggested Citation

  • Igor Birman, 1989. "Durable Goods," Palgrave Macmillan Books, in: Personal Consumption in the USSR and the USA, chapter 9, pages 85-92, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10349-2_9
    DOI: 10.1007/978-1-349-10349-2_9
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