Book contents
- Frontmatter
- Contents
- List of tables and figures
- Preface
- Chapter 1 Introduction
- Chapter 2 Problems of measurement of real national income: tsarist Russia
- Chapter 3 Summary results: national income of tsarist Russia, 1885–1913
- Chapter 4 An overview of the component accounts
- Chapter 5 National income, USSR territory, 1913 and 1928
- Chapter 6 Tsarist economic growth and structural change
- Chapter 7 A comparative appraisal: Russian growth before World War I
- Chapter 8 Comparisons with the Soviet period
- Chapter 9 Conclusions
- Appendix A Personal consumption expenditures in retail outlets
- Appendix B Consumer expenditures on housing rents (urban and rural areas)
- Appendix C Household service expenditures (transportation, communication, utilities, personal medical care, and domestic service)
- Appendix D Estimation of marketing and farm consumption in kind
- Appendix E Military subsistence
- Appendix F Expenditures of the imperial government
- Appendix G Expenditures of local government
- Appendix H Investment and capital stock in livestock
- Appendix I Investment in agricultural and industrial equipment
- Appendix J Net capital stock and net investment in industrial, agricultural, and residential urban structures
- Appendix K Inventory stocks and investment
- Appendix L Net capital stock and net investment in railroads, transportation and communication, and government
- Appendix M Net foreign investment
- Biblography
- Index
Chapter 4 - An overview of the component accounts
Published online by Cambridge University Press: 31 October 2009
- Frontmatter
- Contents
- List of tables and figures
- Preface
- Chapter 1 Introduction
- Chapter 2 Problems of measurement of real national income: tsarist Russia
- Chapter 3 Summary results: national income of tsarist Russia, 1885–1913
- Chapter 4 An overview of the component accounts
- Chapter 5 National income, USSR territory, 1913 and 1928
- Chapter 6 Tsarist economic growth and structural change
- Chapter 7 A comparative appraisal: Russian growth before World War I
- Chapter 8 Comparisons with the Soviet period
- Chapter 9 Conclusions
- Appendix A Personal consumption expenditures in retail outlets
- Appendix B Consumer expenditures on housing rents (urban and rural areas)
- Appendix C Household service expenditures (transportation, communication, utilities, personal medical care, and domestic service)
- Appendix D Estimation of marketing and farm consumption in kind
- Appendix E Military subsistence
- Appendix F Expenditures of the imperial government
- Appendix G Expenditures of local government
- Appendix H Investment and capital stock in livestock
- Appendix I Investment in agricultural and industrial equipment
- Appendix J Net capital stock and net investment in industrial, agricultural, and residential urban structures
- Appendix K Inventory stocks and investment
- Appendix L Net capital stock and net investment in railroads, transportation and communication, and government
- Appendix M Net foreign investment
- Biblography
- Index
Summary
The full details of my calculations are provided in the technical appendixes. In this chapter I provide an overview of the methods and sources used to estimate the major components of the national income series. In this way I seek to provide the reader with a flavor of the strengths and weaknesses of each component series without going through the technical details of each appendix. I do not discuss the derivation of minor series in this chapter, with the exception of net foreign investment, a series that has little affect on net national product but is of interest in its own right.
PERSONAL CONSUMPTION EXPENDITURES
Personal consumption expenditures are estimated as the sum of retail sales, housing rental outlays, outlays for personal services, consumption of farm products in kind, and military subsistence. The accounts in current and in 1913 constant prices are given in Tables 3.1 and 3.2. Their estimation is described in detail in Appendixes A through E. In this chapter only a flavor of the most important calculations can be provided and only a limited number of references are supplied. Critical assumptions and possible biases form the focus of this discussion; the more routine details are reserved for the technical appendixes.
The two principal component of the consumption series are retail sales and the consumption of farm products in kind. Together, they accounted for 85% of consumption expenditures in 1913.
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- Information
- Russian National Income, 1885–1913 , pp. 80 - 101Publisher: Cambridge University PressPrint publication year: 1983