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A price index for Canada, 1688 to 1850

Vincent Geloso

Canadian Journal of Economics, 2019, vol. 52, issue 2, 526-560

Abstract: This paper presents the first price index for any region of Canada that spans from the colonial era to the mid-19th century. I constructed it using prices from the account books of religious congregations with estates throughout modern-day Quebec. It represents a substantial improvement over previous indexes thanks to the consistent price quotations in the source material, the high frequency of observations for many goods, the vast number of goods and the inclusion of numerous non-agricultural and non-food goods. Its price trends differ mildly from those of existing but less-comprehensive price indexes. I link this new index with post-1850 indexes to create a 328-year price index for Canada.

JEL-codes: N11 (search for similar items in EconPapers)
Date: 2019
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