Soviet national income and product, 1928-48 : revised data

by Abram Bergson, Hans Heymann, Oleg Hoeffding

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A revision of the calculations of Soviet national income that hav been presented in previous RAND publications (R-253, R-255, and RM-101). RAND Report R-367-PR, The Real National Income of Soviet Russia since 1928, deflates the current-price accounts to obtain estimates of Soviet national income in "real" terms. To complete the latter study, it was essential to review and revise the current-price estimates for 1928 to 1948, which were published several years ago. This revision examines the large volume of statistical data, and other relevant information, published in the Soviet Union since that time. It introduces a few methodological changes, tending toward greater consistency in the calculations for different years. It also corrects some deficiencies and errors found in the original calculations. With minor exceptions, these recent efforts have confirmed the accuracy of RAND's earlier assessments of Soviet national income and product.

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.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.