New Income Comparisons for the late Nineteenth and Early Twentieth Century

Marianne Ward and John Devereux

Review of Income and Wealth, 2021, vol. 67, issue 1, 222-247

Abstract: We provide current price GDP comparisons covering 13 Western economies for 1872 and 1910. The current price measures compare income with the prices of the comparison year rather than the fixed recent prices of earlier approaches. Our work fills a gap in the literature since current price GDP comparisons generally do not reach before 1950. As it turns out, the current price results differ from the familiar Maddison projections in constant 1990 prices as they raise relative income for the U.S. and Canada while they lower income for Belgium, the Netherlands, Switzerland and the U.K.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/roiw.12466

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:67:y:2021:i:1:p:222-247

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0034-6586

Access Statistics for this article

Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill

More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().