Prices of producers' durables in the United States and the USSR in 1955

by Abraham S. Becker

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A joint study with the Stanford Research Institute to provide USSR-US wholesale price ratios for 1955 for a representative sample of producers' durable equipment comprised of some 500 items. It is concluded that in 1955 the average price ratio for Soviet and American machinery was approximately six rubles per dollar. Price trends in the two countries since 1955 indicate that a lower ruble-dollar ratio should be applied in comparisons of current Soviet and American investment outlays on producers' durables. This work should be useful to analysts of the Soviet military budget and of Soviet weapon-system costs.

This report is part of the RAND Corporation research memorandum series. The Research Memorandum was a product of the RAND Corporation from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.

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