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Soviet Foreign Trade Earnings Revisited

Author

Listed:
  • Kuboniwa, Masaaki
  • 久保庭, 眞彰
  • Tabata, Shinichiro
  • Nakamura, Yasushi

Abstract

Soviet statistics authorities attempted to incorporate foreign trade earnings into national income, based on a unique formula. First, we clarify that they must have applied the so called Burge-Geary system for trading gain or terms of trade to their specific accounting in a different context. Then we prove that this Soviet practice should have been corrected. Second, demonstrating our estimate of Soviet foreign trade earnings by using Soviet official data on foreign trade and input-output tables, we explore implications of our estimate. We further look at how present Russia has succeeded to the Soviet statistical and institutional legacies of foreign trade earnings in the national accounting.

Suggested Citation

  • Kuboniwa, Masaaki & 久保庭, 眞彰 & Tabata, Shinichiro & Nakamura, Yasushi, 2016. "Soviet Foreign Trade Earnings Revisited," RRC Working Paper Series 60, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    • Handle: RePEc:hit:rrcwps:60
    as

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    File URL: https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/28151/RRC_WP_No60.pdf
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    References listed on IDEAS

    as
    1. Mick Silver & Khashayar Mahdavy, 1989. "The Measurement of a Nation's Terms of Trade Effect and Real National Disposable Income Within a National Accounting Framework," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 152(1), pages 87-107, January.
    2. Kuboniwa, Masaaki, 2016. "Estimating GDP and Foreign Rents of the Oil and Gas Sector in the USSR then and Russia now," RRC Working Paper Series 61, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Soviet Union; special foreign trade earnings; foreign trade tax; national accounting; input-output table;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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