East-West Trade and Postwar Soviet Economic Growth: A Sectoral Production Function Approach.

摘要

This technical note includes an executive summary of the research effort, the main study of sectorial production function analysis of Soviet postwar economic growth, and a review paper. The main study first sets out to calculate a probable upper limit to the contribution of technology transfer from the West to Soviet economic growth. The hypothesis is presented that this contribution is less than 2 billion dollars annually, unless the residual is strongly positively correlated with an appropriate measure of machinery imports from the West. In a series of estimations using alternative labor income shares and measures of labor input, Solow Abramowitz residuals and Micks neutral technical progress residuals (from both CES and Cob-Douglass specifications) are derived. These residuals are then correlated with patterns of imports of Western machinery, serially and cross-sectionally. (Author)