DOI
10.1016/j.jebo.2010.12.012
Abstract
Between 1960 and 1980 American economics textbooks overestimated Soviet growth. They held that the Soviet economy was growing faster than the US economy and yet they kept the ratio of Soviet–US output constant over two decades. The textbooks downplayed any uncertainty associated with such growth estimates. We offer evidence that the optimistic portrait of the Soviet economy in the textbooks was in part driven by an assumption of efficiency and abstraction from institutional concerns.
Document Type
Restricted Article: Campus only access
Publication Date
4-2011
Publisher Statement
Copyright © 2011, Elsevier B.V.
DOI: https://doi.org/10.1016/j.jebo.2010.12.012
The definitive version is available at: https://www.sciencedirect.com/science/article/abs/pii/S0167268111000114
Recommended Citation
David M. Levy, Sandra J. Peart, Soviet growth and American textbooks: An endogenous past, Journal of Economic Behavior & Organization, Volume 78, Issues 1–2, 2011, Pages 110-125, ISSN 0167-2681, https://doi.org/10.1016/j.jebo.2010.12.012.
