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Estimation of Gross Domestic Product of Iran (1906-1935)

Author

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  • Khavarinejad , Abolfazl

    (Economic Statistics Department, Central Bank of the Islamic Republic of Iran.)

Abstract

This paper provides a brief technical survey of the historical national accounts of Iran. Gaining access to longer-term time series in compliance with concepts, classifications and standards comparable to the present one help fulfill quantitative studies in the area of business cycles. Despite the shortage of reliable, standardized and classified information, the methodology applied in this paper could present data for a 70 year period, including the existing 48 years time series which is available now. The historic endeavors of the pioneer researchers in the field of the system of national accounts, despite certain ambiguity and shortcomings, have been gateway in the context of historical data, compilation.

Suggested Citation

  • Khavarinejad , Abolfazl, 2009. "Estimation of Gross Domestic Product of Iran (1906-1935)," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 5(3), pages 81-127, July.
  • Handle: RePEc:mbr:jmonec:v:5:y:2009:i:3:p:81-127
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    References listed on IDEAS

    as
    1. Balke, Nathan S & Gordon, Robert J, 1989. "The Estimation of Prewar Gross National Product: Methodology and New Evidence," Journal of Political Economy, University of Chicago Press, vol. 97(1), pages 38-92, February.
    2. Richard G. Anderson & Felix Andrist & Marcela M. Williams, 2000. "Real output in Switzerland: new estimates for 1914-47," Review, Federal Reserve Bank of St. Louis, vol. 82(May), pages 43-70.
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    More about this item

    Keywords

    Historical national accounts; Long-term time series; business cycles; system of national accounts; component based approach; indicator based approach; borderline year; extrapolation with indicator;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation

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