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Irish GDP between t...
Irish GDP between the Famine and the First World War : estimates based on a dynamic factor model
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- Andersson, Fredrik N G (författare)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM
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- Lennard, Jason (författare)
- Lund University,Lunds universitet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Department of Economic History,Lund University School of Economics and Management, LUSEM
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(creator_code:org_t)
- 2018-03-12
- 2019
- Engelska.
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Ingår i: European Review of Economic History. - : Oxford University Press (OUP). - 1474-0044 .- 1361-4916. ; 23:1, s. 50-71
- Relaterad länk:
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http://dx.doi.org/10...
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http://project.nek.l...
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Abstract
Ämnesord
Stäng
- A major issue in Irish economic history is the lack of national accounts before the interwar period. This paper constructs new annual estimates of real GDP between 1842 and 1913 based on a novel two-stage econometric approach. Our results show that while living standards approximately tripled in this period, development was uneven with contractions in economic activity not only during the Great Famine but also between the late 1890s and the First World War. As a proof of concept, we also apply our methodology to Swedish data. The resulting estimates closely match existing historical national accounts.
- A major issue in Irish economic history is the lack of national accounts before the interwar period. This paper constructs new annual estimates of real GDP between 1842 and 1913 based on a novel two-stage econometric approach. Our results show that while living standards approximately tripled in this period, development was uneven with contractions in economic activity not only during the Great Famine but also between the late 1890s and the First World War. As a proof of concept, we also apply our methodology to Swedish data. The resulting estimates closely match existing historical national accounts.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Ekonomisk historia (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economic History (hsv//eng)
Nyckelord
- Ireland
- GDP
- Historical national accounts
- Famine
- First world war
- 1842 - 1913
Publikations- och innehållstyp
- art (ämneskategori)
- ref (ämneskategori)
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