Analysts attempting to assess economic growth in revolutionary Cuba
are faced with two formidable obstacles: (1) official macroeconomic
indicators published by the government are scarce and sometimes
inconsistent because of frequent changes in the method of
calculation; and (2) these indicators are not compatible with those
produced by market economies because of differences in national
income concepts. Because of these obstacles, it is difficult to
analyze the performance of Cuba's economy over time and to compare
its economic performance directly with that of other nations. Using
a variant of the method developed by Abram Bergson to estimate the
growth rates of the Soviet Union and subsequently applied to
centrally planned economies in Eastern Europe, Jorge Perez-Lopez
has estimated the growth rate of the Cuban economy in real terms
for the 1965-1982 period. His estimated indexes suggest that the
Cuban economy expanded at a considerably slower pace than would be
implied by official data. By constructing yardsticks of economic
performance for revolutionary Cuba that are compatible with those
used by Western nations, Perez-Lopez provides for the first time a
basis for analyzing the real growth of the Cuban economy during the
revolutionary period.
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