Premium
A NEW STAGE IN THE ACTIVITIES O F THE COUNCIL FOR MUTUAL ECONOMIC ASSISTANCE IN THE FIELD O F INTERNATIONAL COMPARISONS OF NATIONAL PRODUCT
Author(s) -
Ivanov Y.,
Ryzhov I.
Publication year - 1978
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1978.tb00038.x
Subject(s) - purchasing power parity , scope (computer science) , product (mathematics) , consumption (sociology) , productivity , purchasing power , economics , population , public economics , economic growth , macroeconomics , sociology , computer science , social science , mathematics , exchange rate , geometry , demography , programming language
This article reports on the plans of the member countries of the Council for Mutual Economic Assistance (CMEA) in the area of the purchasing power parity comparisons of national product and similar aggregates. A series of comparisons of the U.S.S.R. with other individual member countries was made for 1959,1966, and 1973. A new series will be undertaken for the year 1978. The scope of the program will be expanded to cover several new aggregates, including productivity concepts and total consumption of the population. The article discusses the conceptual and methodological problems and plans. Among other matters, attention is being given to the possibility of reducing the number of specifications priced, without sacrificing accuracy.