Fredrik N G Andersson
Docent
Irish GDP between the Famine and the First World War : estimates based on a dynamic factor model
Författare
Summary, in Swedish
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.
Avdelning/ar
- Nationalekonomiska institutionen
- Ekonomisk-historiska institutionen
Publiceringsår
2019
Språk
Engelska
Sidor
50-71
Publikation/Tidskrift/Serie
European Review of Economic History
Volym
23
Issue
1
Dokumenttyp
Artikel i tidskrift
Förlag
Oxford University Press
Ämne
- Economic History
Nyckelord
- Ireland
- GDP
- Historical national accounts
- Famine
- First world war
- 1842 - 1913
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1474-0044