Durable Goods

Igor Birman

Chapter 9 in Personal Consumption in the USSR and the USA, 1989, pp 85-92 from Palgrave Macmillan

Abstract: Abstract While in the USSR the consumption of soft goods is twice as large as of durables, in the US significantly more is spent on the latter than on the former (see Table 4.1). Unfortunately the CIA work gives only a limited presentation and a very meagre analysis of its results of comparison for this component of consumption. It is unfortunate because, as other basic components — food, clothing, and housing — are increasingly satisfied, the growth of the standard of living and significant qualitative changes in it are manifested in durables.1

Keywords: Durable Good; Price Ratio; Household Appliance; Radio Receiver; Personal Consumption (search for similar items in EconPapers)
Date: 1989
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DOI: 10.1007/978-1-349-10349-2_9

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