P Vidal
Biographic Data
| ID | 33147 |
|---|---|
| NAME | P Vidal |
| GIVEN NAMES | P |
| FAMILY NAME | Vidal |
| SIGNATURE | VIDAL P |
| AFFILIATIONS | Pontificia Universidad Javeriana |
| ORCID | 0000-0001-8278-3122 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 7 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
Impact of Sanctions Policy Shifts
This article offers new evidence to aid the discussion on the economic consequences of easing or tightening sanctions, with Cuba serving as a case study. Even with the persistent sanction regime, a level of trade, remittances and visitors has been sustained between the United States and Cuba, notably since the 1990s, fluctuating with the political climate. This study consolidates data from various sources to gauge the magnitude of this exchange r…
Cuba's Monetary Reform and Triple-Digit Inflation
Diverse elements have driven inflation in the Cuban economy in the early 2020s, but the big-bang devaluation of the peso in 2021-the key measure that unlocks monetary reform-stands out as the main determinant. Analysis indicates that the inflation rate ranged between 174% and 700%, well above the government's 2021 consumer price index estimate (77%) and closer to the deflator of household consumption derived from the national income accounts (442…
Why is Cuba’s economic reform progressing so slowly
Cuba has moved from a lengthy first stage (1990–2008), in which reforms were considered a necessary but reversible evil, to another in which reforms are seen as necessary and desirable. However, the lack of a comprehensive and timely approach to those processes has severely hampered the outcomes of reforms already underway. The purpose of preserving political control and the inherited institutional framework explains, in turn, why authorities hav…
A Monthly Regional Indicator of Economic Activity
The study developed by Stock and Watson (1991) has served as a catalyst for the construction of monthly indicators of economic activity. However, its application has been focused on national statistics. In this article we develop a new empirical strategy of three steps to build regional economic indicators on a monthly basis that can be replicated in provinces or municipalities in Latin America. We apply this empirical strategy to develop the Mon…
Cuba's Economy
In academic forums and in various publications, politicians, social scientists and readers in general, both in and out of Cuba, have noted that the economic well-being enjoyed by the Cuban people i
The Impact of the Global Crisis on Cuba's Economy and Social Welfare
The mechanisms by which the world economic crisis has been transmitted from developed to developing economies are conditioned by domestic factors that may attenuate or accentuate external economic shocks and their adverse social effects. Cuba is a special case: it is an open economy and hence vulnerable to trade-growth transmission mechanisms, but at the same time, it is a socialist economy with universal social services. This article reviews the…
Trade-growth relationship in Cuba
In this article, time-varying coefficients are used to estimate the balance of payments constrained growth (BPCG) model for Cuba. Exports are considered to have been a decisive factor in Cuba’s recovery following the crisis. Also, there was an estimated increase in income elasticity of demand for imports in the early 1990s and between 2003 and 2005, indicating a decrease in import substitution. The conclusion is that, given the rapid rise in the …
The Impact of the Global Crisis on Cuba's Economy and Social Welfare
The mechanisms by which the world economic crisis has been transmitted from developed to developing economies are conditioned by domestic factors that may attenuate or accentuate external economic shocks and their adverse social effects. Cuba is a special case: it is an open economy and hence vulnerable to trade-growth transmission mechanisms, but at the same time, it is a socialist economy with universal social services. This article reviews the…
Cuba's Monetary Reform and Triple-Digit Inflation
Diverse elements have driven inflation in the Cuban economy in the early 2020s, but the big-bang devaluation of the peso in 2021-the key measure that unlocks monetary reform-stands out as the main determinant. Analysis indicates that the inflation rate ranged between 174% and 700%, well above the government's 2021 consumer price index estimate (77%) and closer to the deflator of household consumption derived from the national income accounts (442…
Trade-growth relationship in Cuba
In this article, time-varying coefficients are used to estimate the balance of payments constrained growth (BPCG) model for Cuba. Exports are considered to have been a decisive factor in Cuba’s recovery following the crisis. Also, there was an estimated increase in income elasticity of demand for imports in the early 1990s and between 2003 and 2005, indicating a decrease in import substitution. The conclusion is that, given the rapid rise in the …
Cuba's Economy
In academic forums and in various publications, politicians, social scientists and readers in general, both in and out of Cuba, have noted that the economic well-being enjoyed by the Cuban people i
The Impact of the Global Crisis on Cuba's Economy and Social Welfare
The mechanisms by which the world economic crisis has been transmitted from developed to developing economies are conditioned by domestic factors that may attenuate or accentuate external economic shocks and their adverse social effects. Cuba is a special case: it is an open economy and hence vulnerable to trade-growth transmission mechanisms, but at the same time, it is a socialist economy with universal social services. This article reviews the…
A Monthly Regional Indicator of Economic Activity
The study developed by Stock and Watson (1991) has served as a catalyst for the construction of monthly indicators of economic activity. However, its application has been focused on national statistics. In this article we develop a new empirical strategy of three steps to build regional economic indicators on a monthly basis that can be replicated in provinces or municipalities in Latin America. We apply this empirical strategy to develop the Mon…
Why is Cuba’s economic reform progressing so slowly
Cuba has moved from a lengthy first stage (1990–2008), in which reforms were considered a necessary but reversible evil, to another in which reforms are seen as necessary and desirable. However, the lack of a comprehensive and timely approach to those processes has severely hampered the outcomes of reforms already underway. The purpose of preserving political control and the inherited institutional framework explains, in turn, why authorities hav…
Cuba's Monetary Reform and Triple-Digit Inflation
Diverse elements have driven inflation in the Cuban economy in the early 2020s, but the big-bang devaluation of the peso in 2021-the key measure that unlocks monetary reform-stands out as the main determinant. Analysis indicates that the inflation rate ranged between 174% and 700%, well above the government's 2021 consumer price index estimate (77%) and closer to the deflator of household consumption derived from the national income accounts (442…
Impact of Sanctions Policy Shifts
This article offers new evidence to aid the discussion on the economic consequences of easing or tightening sanctions, with Cuba serving as a case study. Even with the persistent sanction regime, a level of trade, remittances and visitors has been sustained between the United States and Cuba, notably since the 1990s, fluctuating with the political climate. This study consolidates data from various sources to gauge the magnitude of this exchange r…
Economics (6 works) · Economic Theory and Policy (5 works) · Political science (5 works) · Monetary Policy and Economic Impact (4 works) · Cuban History and Society (3 works) · Development economics (3 works) · Macroeconomics (3 works) · Economic policy (2 works) · Economy (2 works) · International economics (2 works)