Business cycles in the Netherlands, 1815-1913

Jan Jacobs and Jan-Pieter Smits
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Jan-Pieter Smits: Groningen University

No 200110, CCSO Working Papers from University of Groningen, CCSO Centre for Economic Research

Abstract: This article exploits a unique new dataset containing information on the economy of the Netherlands to date business cycles turning points in the 19th century (1815-1913) using a modern econometric technique. The business cycle in the Netherlands is compared to the international (UK and US) business cycle for the second half of the sample. We conclude that business cycles do exist in the Netherlands in the 19th century – even before 1870. The Netherlands follows the international business cycle before 1870 and after 1890. In the in-between period the Dutch production could not meet both domestic demand and export demand.

Date: 2001
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Working Paper: Business cycles in the Netherlands, 1815-1913 (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:gro:rugccs:200110

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