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Material Product System

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228: 320:, in contrast with services. In MPS the economy is divided up into three sectors: (1) productive enterprises, (2) the non-productive sphere, and (3) households. Typically the planning authorities also collected comprehensive data on the physical units of products produced. This is normally not the case in conventional national accounts, which measure only the momentary market value of outputs produced. 367:
In that case, it is argued, a more appropriate strategy is to measure what physical goods and services people actually consume, and to what benefits they are entitled. Whatever the case, it is clear that there is a big difference in valuation methods between MPS and UNSNA, since MPS in large part works with
446:, edited by Zoltan Kenessey, IOS Press, 1994, p. 218 and 236. The full list of countries that used the MPS is: USSR, Albania, Bulgaria, China, Cuba, Czechoslovakia, the German Democratic Republic, Hungary, Cambodia, the Korean Democratic Republic, Laos, Mongolia, Poland, Romania, Vietnam and Yugoslavia. 375:
has shown that a large proportion of prices in Western countries are in reality also a type of administered prices or regulated prices). For example, if corporations transfer goods and assets between their corporate branches in different countries, they may not value them at market prices at all, but
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in the USSR. However, supporters of the system argued that, if many goods and services are supplied to ordinary consumers free of charge, or below cost (a "socialized" component of household income) then valuing consumption expenditures in money prices becomes both difficult and rather meaningless.
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The main structural differences between MPS and UNSNA are attributable to a different interpretation of newly created value, and of the accumulation of stocks of wealth. Consequently, there are differences in grossing and netting procedures for the main aggregates. In MPS, many services are not
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Critics of MPS accounts argue that by providing a lot of detail about the value and physical quantity of tangible products produced, but very little detail about those who depended on that production as consumers, how income, consumer items and capital wealth were truly
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have continued to use MPS alongside UNSNA-type accounts. Today it is difficult to obtain detailed information about accounting systems which are an alternative to UNSNA, and therefore few people know that such systems exist and have been used by various countries.
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The MPS accounts originated in the Soviet Union, around the same time that the first Western attempts were also made to create systematic social accounts (i.e. in the later 1920s and 1930s). They were influenced by the ideas
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set by the state, whereas UNSNA largely uses (real or imputed) "market" prices (these market prices should not be understood as being necessarily "free market prices" –
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in capitalist society. However, Marx himself never attempted to create any system of social accounts for socialist economies; his own economic categories concerned the
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A study of Cuba's material product system, its conversion to the system of national accounts, and estimation of gross domestic product per capita and growth rates
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Tatiana A. Khomenko, "Estimation of Gross Social Product and Net Material Product in the USSR", Institute of Economic Research, Hitotsubashi University,
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regarded as value-adding, and therefore excluded from the total net output. As the name suggests, the MPS aims to measure the annual output of
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Conversion of National Income Data of the U.S.S.R. to Concepts of the System of National Accounts in Dollars and Estimation of Growth Rate
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Basic methodological principles governing the compilation of the system of statistical balances of the national economy, Vol. 1 and 2
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at prices which incur less tax and levies – prompting governments to set rules for how the goods must be valued and priced (see
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countries (until around 1990), Cuba, China (1952–1992) and several other Asian countries. The MPS has now been replaced by the
78: 518:(2 Vols). Studies in methods. Series F / Statistical Office, ISSN 0498-014X ; no. 20. New York: United Nations, 1977-81. 182: 404: 334: 106: 17: 546: 88: 244: 83: 409: 232: 58: 576: 345:
economy. Further, the MPS accounts used a definition of "unproductive labor" which was closer to that of
532:. Studies in Methods, Series F, no. 17, rev. 1, ST/ESA/STAT/SER.F/rev.1. New York: United Nations, 1989. 607: 36: 543:
Planned economies. A guide to the data. 1993 edition featuring economies of the former Soviet Union
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Comparisons of the system of national accounts and the system of balances of the national economy
101: 525:. Studies in Methods, Series F, no. 17,ST/STAT/ser. F/2/17. New York: United Nations, 1971. 399: 164: 96: 44: 587: 8: 424: 368: 283: 131: 457:
Mirrors of the economy: national accounts and international norms in Russia and beyond.
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UN Department of international economic and social affairs, Statistical office,
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UN Department of international economic and social affairs, Statistical office,
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UN Department of international economic and social affairs, Statistical office,
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Paul Studenski, "Methods of Estimating National Income in Soviet Russia",
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accounts in most countries that used MPS, although some countries such as
303: 187: 511:. World Bank staff working papers, ISSN 0253-2115 no. 770, 1985, 104 pp. 349:
than to that of Marx. The MPS standard accounting system was adopted by
539:(World Bank Staff Working Paper). Washington: World Bank, December 1985 346: 550:
Janos Arvay, "The Material Product System (MPS): A Retrospective,"
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Janos Arvay, "The material Product System (MPS): A Retrospective,"
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Janos Arvay, "The Material Product System (MPS): A Retrospective,"
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Basic principles of the System of Balances of the National Economy
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Vaclav Holesovsky, "Karl Marx and Soviet National Income Theory",
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National accounts and international norms in Russia and beyond
554:, edited by Zoltan Kenessey, IOS Press, 1994, pp. 218ff. 414: 333:
had about the creation and accumulation of wealth, and about
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System of national accounts used by Eastern Bloc countries
472:, edited by Zoltan Kenessey, IOS Press, 1994, pp. 218 286:
for different lengths of time, including the former
545:. Washington D.C.: The World Bank, December 1993. 599: 495:, Vol. 51, No. 3 (Jun., 1961), pp. 325–344. 323: 252: 559:Marx's theory of price and its modern rivals 488:. Chicago: Aldine Publishing Company, 1965. 259: 245: 356: 459:Ithaca: Cornell University Press, 2010. 310: 14: 600: 507:Carmelo Mesa-Lago, Jorge Pérez-López, 79:Supreme Soviet of the National Economy 183:Hyperinflation in early Soviet Russia 486:Anatomy of Social Accounting Systems 561:. London: Palgrave Macmillan, 2011. 24: 593:World Bank documents & reports 478: 405:Productive and unproductive labour 335:productive and unproductive labour 25: 619: 581: 568:. Cornell University Press, 2010. 233:Business and economics portal 107:Scientific production association 226: 462: 449: 436: 13: 1: 410:Soviet-type economic planning 339:capitalist mode of production 324:Attribution to Marx and Smith 535:Robert Wellington Campbell, 500:Studies in Income and Wealth 493:The American Economic Review 7: 383: 10: 624: 278:) refers to the system of 573:Discussion Paper No. 172 430: 373:Post-Keynesian economics 552:The Accounts of Nations 470:The Accounts of Nations 444:The Accounts of Nations 272:Material Product System 160:Material Product System 102:Production association 357:Measurement of prices 93:Business group types 564:Yoshiko M. Herrera, 502:, Vol. 8, NBER 1946 455:Yoshiko M. Herrera, 400:Net material product 311:Differences from SNA 165:Net material product 425:Socialist economics 369:administered prices 353:countries in 1969. 284:Communist countries 132:Linear optimization 84:Economic ministries 608:National accounts 557:Howard Nicholas, 280:national accounts 269: 268: 198:Economic planning 127:Material balances 16:(Redirected from 615: 588:Dr. Fengbo Zhang 473: 466: 460: 453: 447: 440: 395:Material product 378:transfer pricing 261: 254: 247: 231: 230: 213:State capitalism 203:Marxism-Leninism 155:Material product 121:Planning methods 45:Soviet economics 32: 31: 21: 18:Material product 623: 622: 618: 617: 616: 614: 613: 612: 598: 597: 584: 481: 479:Further reading 476: 467: 463: 454: 450: 441: 437: 433: 386: 359: 326: 313: 265: 225: 218: 217: 178: 170: 169: 150: 142: 141: 137:Five-year plans 122: 114: 113: 54: 28: 23: 22: 15: 12: 11: 5: 621: 611: 610: 596: 595: 590: 583: 582:External links 580: 579: 578: 569: 562: 555: 548: 540: 533: 526: 519: 512: 505: 496: 489: 480: 477: 475: 474: 461: 448: 434: 432: 429: 428: 427: 422: 417: 412: 407: 402: 397: 392: 385: 382: 358: 355: 325: 322: 318:material goods 312: 309: 267: 266: 264: 263: 256: 249: 241: 238: 237: 236: 235: 220: 219: 216: 215: 210: 205: 200: 195: 190: 185: 179: 177:Related topics 176: 175: 172: 171: 168: 167: 162: 157: 151: 148: 147: 144: 143: 140: 139: 134: 129: 123: 120: 119: 116: 115: 112: 111: 110: 109: 104: 99: 91: 86: 81: 76: 71: 66: 61: 55: 52: 51: 48: 47: 41: 40: 26: 9: 6: 4: 3: 2: 620: 609: 606: 605: 603: 594: 591: 589: 586: 585: 577: 574: 570: 567: 563: 560: 556: 553: 549: 547: 544: 541: 538: 534: 531: 527: 524: 520: 517: 513: 510: 506: 504: 501: 497: 494: 490: 487: 484:M. Yanovsky, 483: 482: 471: 465: 458: 452: 445: 439: 435: 426: 423: 421: 420:Value product 418: 416: 413: 411: 408: 406: 403: 401: 398: 396: 393: 391: 388: 387: 381: 379: 374: 370: 365: 354: 352: 348: 344: 340: 336: 332: 321: 319: 308: 305: 301: 297: 293: 289: 285: 281: 277: 273: 262: 257: 255: 250: 248: 243: 242: 240: 239: 234: 229: 224: 223: 222: 221: 214: 211: 209: 206: 204: 201: 199: 196: 194: 191: 189: 186: 184: 181: 180: 174: 173: 166: 163: 161: 158: 156: 153: 152: 146: 145: 138: 135: 133: 130: 128: 125: 124: 118: 117: 108: 105: 103: 100: 98: 95: 94: 92: 90: 87: 85: 82: 80: 77: 75: 72: 70: 67: 65: 62: 60: 57: 56: 53:Organizations 50: 49: 46: 43: 42: 38: 34: 33: 30: 19: 575:, July 2006. 572: 565: 558: 551: 542: 536: 529: 522: 515: 508: 499: 492: 485: 469: 464: 456: 451: 443: 438: 363: 360: 341:, and not a 327: 317: 314: 292:Eastern Bloc 288:Soviet Union 275: 271: 270: 193:Eastern bloc 159: 29: 364:distributed 304:North Korea 282:used by 16 188:Cybernetics 89:Enterprises 347:Adam Smith 149:Statistics 390:China GDP 343:socialist 331:Karl Marx 208:Socialism 602:Category 384:See also 290:and the 37:a series 35:Part of 97:Combine 74:Gosbank 69:Gossnab 64:Gosplan 431:Notes 415:UNSNA 296:UNSNA 351:CMEA 302:and 300:Cuba 380:). 276:MPS 59:STO 604:: 39:on 274:( 260:e 253:t 246:v 20:)

Index

Material product
a series
Soviet economics
STO
Gosplan
Gossnab
Gosbank
Supreme Soviet of the National Economy
Economic ministries
Enterprises
Combine
Production association
Scientific production association
Material balances
Linear optimization
Five-year plans
Material product
Material Product System
Net material product
Hyperinflation in early Soviet Russia
Cybernetics
Eastern bloc
Economic planning
Marxism-Leninism
Socialism
State capitalism
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Business and economics portal
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