Affordable Access

Download Read

Appendix I-D: The Soviet Capital Stock Inventory and Revaluation

Authors

Abstract

Appendix I-D: The Soviet Capital Stock Inventory and Revaluation This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Measuring the Nation's Wealth Volume Author/Editor: Wealth Inventory Planning Study Volume Publisher: Volume ISBN: 0-870-14185-6 Volume URL: http://www.nber.org/books/unkn64-3 Publication Date: 1964 Chapter Title: Appendix I-D: The Soviet Capital Stock Inventory and Revaluation Chapter Author: Adam Kaufman Chapter URL: http://www.nber.org/chapters/c5202 Chapter pages in book: (p. 229 - 276) APPENDIX I: PART D TIlE SOVIET CAPITAL STOCK INVENTORY AND REVALUATION By ADAM KAUFMAN Economic Consultant 229 C' THE SOVIET CAPITAL STOCK INVENTORY AND REVALUATION GENERAL REVIEW In the last quarter of 1959 a capital inventory and revaluation was carried out in the Soviet Union, covering all state and cooperative enterprises and organizations which were on a self-sustained budget and which were required to set aside allowances for depreciation, with the exception of collective farms. At about the same time a separate housing census was taken providing detailed information on privately owned housing. Two years later, in the last quarter of 1961, a simi- lar inventory and revaluation was carried out in the collective farms and interf arm enterprises operated jointly by two or more collective farms. Thus, only private capital and some administrative institu- tions supported directly by the state budget were excluded from the comprehensive Soviet censuses of wealth taken in 1960—62. The Soviet inventories and revaluations of capital had two pur- poses: first, to revaluate all capital stock at its replacement value in of July 1, 1955, prices and cost estimates introduced at the be- ginning of 1956; second, to measure the degree of physical wear-and- tear of this stock as a percentage of replacement value and thus cle- rive the replacement value net of wear-and-tear. Great importance

There are no comments yet on this publication. Be the first to share your thoughts.