Documents / FOIA release
This Joint Committee Print, dated December 8, 1982, gathers studies that the Central Intelligence Agency's Directorate of Intelligence prepared for the Joint Economic Committee of the US Congress. It gives estimates of Soviet gross national product for 1950 to 1980, with indexes of industrial production, agricultural production and consumption, and explains the methods and data behind them. The foreword says official Soviet statistics inflate growth and that the CIA measures offer a more accurate picture. The document contains no UFO material.
“United Press”16 pages
Approved for Release: 2019/07/19 C05210421 Figure 2 A Capsule View of How the Index Is Constructed Products > Products aggregated with l July 1967 prices > Sectors > Sectors aggregated with value-added weights derived from 1972 input-output table F01‘ enmlllel >Branches > Branches aggregated with 1970 value-added Iron ore "Manganese ore (Each item is a production series from I950 to the present) weights >lFerrous ores Ferrous metals > Coke products Refractory materials >Industry group > Groups aggregated with 1970 value-added weights > Total industry > |Ferrous metals Nonferrous metals Fuel Electricity Chemicals P Wood, pulp, paper Construction materials bllndustrial materials Machinery > >Total industry Consumer nondurables industry are accomplished with independently derived 1970 value-added weights based on factor cost rather than established prices.‘ The advantages of classifying machinery production by end-use designation require some departures from this basic procedure. Individual machinery products are divided into producer durables and consumer durables. In addition, estimates of output for the ‘ Established prices are the actual prices existing in the Soviet Union for transactions. We believe that these prices are seriously distorted because of indirect taxes and subsidies, and because supply and demand forces do not play a role in price formation. Therefore, we adjust the established prices to a factor cost basis so that the prices will better represent the cost of the resources used in production. This adjustment is done by eliminating subsidies, indirect taxes, and profits and imputing a capital charge based on each sector’s stock of fixed and working capital. For a full discussion of this procedure, see JEC, GNP, I 950-80. defense sector must be included. This then leads to machinery subsectors and subbranches based on the two classifications of durables produced. At the major industry group level, no distinction is made and all products are combined under a single machinery group. The Product Sample. The major building blocks of this index are the 312 products that form the sample of industrially produced goods. These products are measured in one of three ways: physical quantities, values, or indexes. 180 Approved for Release: 2019/07/19 C05210421
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FOIA release, from the cia-readingroom collection. The PDF is mirrored here; the original link is under it. 399 pages are in the text index: search them above, or from the library's search.