Stanislav Gustavovich Strumilin

Who was Stanislav Gustavovich Strumilin?

Stanislav Gustavovich Strumilin was a Soviet economist. He played a leading role in the analysis of the planned economy of the Soviet type, including modeling, development of the five year plans and calculation of national income. His particular contributions include the "Strumilin index", a measure of labor productivity, and the "norm coefficient", relating to analysis of investment activity.

He graduated from Petrograd Polytechnical Institute in 1914. Until 1917 he worked as a socialist activist. After the October Revolution he worked on setting up the Soviet planned economy while he was appointed to a professorship in economics at the Moscow State University. In 1931 he became a member of the Soviet Academy of Sciences. Strumilin's educational background was in statistics.