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Estimating the Size of the Soviet Economy Summary of a Meeting (1991) / Chapter Skim
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Glossary
Pages 22-24

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
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From page 22...
... the first or the interindustry transactions quadrant shows the flows of intermediate inputs from one branch of the economy to another; the second or final use quadrant shows the distribution of production to final use; and the third or value added quadrant presents the distribution of primary inputs to final users. The I-O table presents an internally consistent picture of transactions flows within the economy.
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From page 23...
... . PPP is the rate of exchange between the currencies of two countries in which the units of national currency expressed in the exchange rate command equivalent or comparable purchasing power, in terms of specified commodities, in either the domestic or world markets (Adopted from H
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Key Terms

  • purchasing power
  • significant amount
  • afc standard
  • free household
  • average return

  • interindustry transactions
  • household services
  • sectors average
  • include depreciation
  • housing sectors

  • internally consistent
  • rate command
  • command equivalent
  • observers believe
  • world markets

  • primary inputs
  • possibilities frontier
  • combination x
  • adjusted prices
  • nominal ruble

  • western observers
  • utterly unreliable
  • final users
  • prevailing nominal
  • value added

  • currency expressed
  • numerical value
  • transactions flows
  • national currency
  • exchange rate


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