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Supplement: Soviet Foreign Trade Earnings Revisited

  • Masaaki Kuboniwa
  • Shinichiro Tabata
  • Yasushi NakamuraEmail author
Chapter

Abstract

In this chapter, we witness that Soviet statistics authorities attempted to incorporate foreign trade earnings into Soviet national income, based on a unique formula. First, we show that they must have applied one of the well-known formulas for trading gains arising from changes in terms of trade to their specific accounting context. Then, we prove that this Soviet practice should have been corrected. Second, we reveal our estimate of Soviet foreign trade earnings, calculated using Soviet official data on foreign trade and input-output tables, and then we explore the implications of our estimate. We further look at how contemporary Russia has followed the Soviet statistical and institutional legacy of reporting foreign trade earnings in the national accounts.

Keywords

Foreign trade in MPS Special foreign trade earnings (SFE) Foreign trade price Domestic price Implicit taxes on foreign trade 

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Masaaki Kuboniwa
    • 1
  • Shinichiro Tabata
    • 2
  • Yasushi Nakamura
    • 3
    Email author
  1. 1.Institute of Economic Research, Hitotsubashi UniversityTokyoJapan
  2. 2.Slavic-Eurasian Research Center, Hokkaido UniversitySapporoJapan
  3. 3.Graduate School of International Social Sciences, Yokohama National UniversityYokohamaJapan

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