Soviet Foreign Trade Earnings Revisited

Masaaki Kuboniwa (), 眞彰 久保庭, Shinichiro Tabata and Yasushi Nakamura

No 60, RRC Working Paper Series from Russian Research Center, Institute of Economic Research, Hitotsubashi University

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.

Keywords: Soviet Union; special foreign trade earnings; foreign trade tax; national accounting; input-output table (search for similar items in EconPapers)
JEL-codes: E01 P33 P51 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2016-10
New Economics Papers: this item is included in nep-cis, nep-int and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:hit:rrcwps:60

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