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Planning Prices, Proportions, and the Effectiveness of Production

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  • V. Kotov

Abstract

The introduction of new wholesale prices on industrial products on January 1, 1982, was one of the measures taken to improve planning and the economic mechanism. Prior to this prices of the year 1967, calculated on the basis of the costs of 1965, were in effect. Since then production conditions have gone through substantial changes. It is specifically this circumstance that has given rise to the revision of wholesale prices carried out in all branches of industry on the basis of the planned costs of 1980 (the initial line of the current five-year plan) which encompassed approximately 90% of the products for which they were established. The replacement of obsolete prices and the alignment of prices with contemporary production conditions are an objective necessity that is associated with the use of value forms and levers in economic management.

Suggested Citation

  • V. Kotov, 1983. "Planning Prices, Proportions, and the Effectiveness of Production," Problems of Economic Transition, Taylor & Francis Journals, vol. 26(8), pages 3-17.
  • Handle: RePEc:mes:prectr:v:26:y:1983:i:8:p:3-17
    DOI: 10.2753/PET1061-199126083
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