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Australian Consumption Expenditure and Real Income: 1900 to 2003–2004

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  • BRYAN HAIG
  • JENNIFER ANDERSSEN

Abstract

This paper provides new data of personal consumption expenditure at current and constant prices from 1900 to 1938–1939. The series is linked in with the official estimates, available from 1948–1949, to provide a broadly consistent series of estimates of consumers’ expenditure from Federation, based on new series of data. We comment on the differences in estimates often used to compare trends in real incomes, and attribute the differences as being mainly due to limitations of official data. We use the present results to describe the changes in the pattern of expenditure by main functional groupings, and compare the changes in real per capita expenditure in Australia with that in the UK and USA since the end of the nineteenth century.

Suggested Citation

  • Bryan Haig & Jennifer Anderssen, 2007. "Australian Consumption Expenditure and Real Income: 1900 to 2003–2004," The Economic Record, The Economic Society of Australia, vol. 83(263), pages 416-431, December.
    • Handle: RePEc:bla:ecorec:v:83:y:2007:i:263:p:416-431
    DOI: 10.1111/j.1475-4932.2007.00431.x
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    References listed on IDEAS

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    1. Robert J. Hill, 2000. "How Best To Measure Welfare, Real Income And Output?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 46(1), pages 117-127, March.
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    Cited by:

    1. Bryan Haig, 2008. "Real Product and Productivity of Industries since the Nineteenth Century: A Comment on ‘Lost Exceptionalism’ by Broadberry and Irwin," The Economic Record, The Economic Society of Australia, vol. 84(267), pages 511-514, December.

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