Comparison of Capital Investments and Fixed Assets of the USSR and the U. S.

Abstract

In order to analyze the course of the USSR and U. S. economic competition, it is necessary to compare the dynamics and volume of capital investments and fixed assets of the two countries. For this purpose it is necessary to solve a number of methodological problems, and, in particular, to work out a technique for calculating the parity of purchasing power or currencies of the countries compared in the sphere of capital construction, to define differences in the understanding of the category of gross and net capital investments and fixed assets, to determine differences in national classifications of productions, in the range of accounts and in the observation units employed in the statistics of the countries compared.