Prices and production of machinery in the Soviet Union, 1928-1958.

by Richard H. Moorsteen

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A Report that provides the key quantitative indicators for 30 years--from the eve of the first Five Year Plan to the commencement of the current Seven Year Plan--of Soviet experience in developing machinery production. The raw materials used are individual price quotations, gleaned from handbooks and documents used for domestic transactions in the Soviet economy, together with statistics of physical output for some 200 items of machinery. These data are aggregated by standard methodology into price and production indexes. "Real" investment in machinery is computed by the deflation of investment in current prices.

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