IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2006i3p3-33.html
   My bibliography  Save this article

Experience with Different Methodologies for National Income Accounting in Central and Eastern European Countries, 1950-1990

Author

Listed:
  • Rossitsa Rangelova

Abstract

During the period of centrally planning in the Central and Eastern European (CEE) countries the officially applied accounting system was the so-called Material Product System (MPS), which has been different from the System of National Accounts (SNA). This hampered the international comparisons of national income (Net Material Product - NMP), which was the basic macro-indicators of the centrally planned economies (CPEs) and Gross Domestic Product (GDP) in the market type economies. In parallel with the official practice in CPEs individual authors (like T. P. Alton and associates, A. Maddison, and others) or/and international organisations derived estimates of these countries’ national income mainly trying to transform NMP into GDP (GNP). The International Comparison Project (ICP), where countries from CEE participated, was of great importance for producing comparable estimates. In this study the known different approaches are presented, their methodological specificity is analysed and estimates of national income and economic growth for the period 1950-1990 are compared.

Suggested Citation

  • Rossitsa Rangelova, 2006. "Experience with Different Methodologies for National Income Accounting in Central and Eastern European Countries, 1950-1990," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-33.
  • Handle: RePEc:bas:econst:y:2006:i:3:p:3-33
    as

    Download full text from publisher

    File URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=97906b69-c132-4c32-b660-856ac2e692e2&articleid=8d841f2c-1734-45a3-82ba-6f3cbb1080a8#a8d841f2c-1734-45a3-82ba-6f3cbb1080a8
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:revinw:v:44:y:1998:i:3:p:307-23 is not listed on IDEAS
    2. Mr. Grzegorz W. Kolodko, 2000. "Globalization and Catching-Up: From Recession to Growth in Transition Economies," IMF Working Papers 2000/100, International Monetary Fund.
    3. Angus Maddison, 1998. "Measuring The Performance Of A Communist Command Economy: An Assessment Of The Cia Estimates For The U.S.S.R," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 44(3), pages 307-323, September.
    4. G. Kolodko, 2000. "Globalization and Catching-up. From Recession to Growth in Transition Economies," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 10.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rossitsa Rangelova, 2010. "GDP as a Measurer of the Economic Growth – Methodological Specifics and Trends," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 3-38.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Süppel, Ralph, 2003. "Comparing economic dynamics in the EU and CEE accession countries," Working Paper Series 267, European Central Bank.
    2. Roland Gillet & Yves Wagner, 2002. "Les phénomènes de globalisation," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(1), pages 115-130.
    3. Andrea Szalavetz, 2001. "Western policy lessons in the second phase of regional transformation," IWE Working Papers 119, Institute for World Economics - Centre for Economic and Regional Studies.
    4. K. Dimitrova & Nikolay Nenovsky, 2002. "Dual Inflation under the Currency Board. The challenges of Bulgarian EU accession," Post-Print halshs-00259861, HAL.
    5. Rosa Capolupo, 2012. "Economic Transition and Regional Growth: The Case of Albania and Comparator SEECs," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(3), pages 529-549, March.
    6. Grzegorz W. Kolodko, 2001. "Postsocialist Transformation," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 147-159.
    7. Ark, Bart van, 2000. "Economic growth and labour productivity in Europe: half a century of East-West comparisons," Research Report 00C01, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    8. Yuri Dikhanov, 1999. "A Critique of CIA Estimates of Soviet Performance from the Gerschenkron Perspective," NBER Chapters, in: International and Interarea Comparisons of Income, Output, and Prices, pages 271-276, National Bureau of Economic Research, Inc.
    9. Ilya B. Voskoboynikov, 2021. "Accounting for growth in the USSR and Russia, 1950–2012," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 870-894, July.
    10. Sudip Ranjan Basu, 2017. "Do data show divergence? Revisiting global income inequality trends," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 24(1), pages 23-53, June.
    11. repec:dgr:rugggd:199941 is not listed on IDEAS
    12. Filip Novokmet & Thomas Piketty & Gabriel Zucman, 2018. "From Soviets to oligarchs: inequality and property in Russia 1905-2016," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(2), pages 189-223, June.
    13. Groh, Alexander Peter & von Liechtenstein, Heinrich, 2009. "How attractive is central Eastern Europe for risk capital investors?," Journal of International Money and Finance, Elsevier, vol. 28(4), pages 625-647, June.
    14. William Jefferies, 2015. "On the Alleged Stagnation of Capitalism," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(4), pages 588-607, December.
    15. repec:dgr:rugsom:00c01 is not listed on IDEAS
    16. Groh, Alexander P. & Liechtenstein, Heinrich & Canela, Miguel A., 2008. "Limited partners' perceptions of the Central Eastern European venture capital and private equity market," IESE Research Papers D/727, IESE Business School.
    17. Numa Mazat, 2016. "Structural Analysis Of The Economic Decline And Collapse Of The Soviet Union," Anais do XLIII Encontro Nacional de Economia [Proceedings of the 43rd Brazilian Economics Meeting] 029, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    18. Lavopa, Alejandro & Szirmai, Adam, 2015. "Industrialisation in Time and Space," MERIT Working Papers 2015-039, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    19. Lein-Lein Chen & John Devereux, 2017. "The Iron Rice Bowl: Chinese Living Standards 1952–1978," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 59(3), pages 261-310, September.
    20. Broadberry, Stephen & Klein, Alexander, 2011. "When and why did eastern European economies begin to fail? Lessons from a Czechoslovak/UK productivity comparison, 1921-1991," Explorations in Economic History, Elsevier, vol. 48(1), pages 37-52, January.
    21. William Jefferies, 2021. "China’s Accession to the WTO and the Collapse That Never Was," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(2), pages 300-319, June.
    22. D. Mario Nuti, 2000. "The Costs and Benefits of Euro-sation in Central-Eastern Europe Before or Instead of EMU Membership," William Davidson Institute Working Papers Series 340, William Davidson Institute at the University of Michigan.

    More about this item

    JEL classification:

    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2006:i:3:p:3-33. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.