Monthly GDP Estimates for Inter-War Britain
AbstractWe derive monthly and quarterly series of UK GDP for the inter-war period from a set of monthly indicators that were constructed by The Economist at the time. The monthly information is complemented with data for quarterly industrial production, allowing us to employ mixed-frequency methods to produce monthly estimates of GDP and of industrial production. We proceed to illustrate how the new data compare with existing high frequency data and how they can be used to contribute to our understanding of the economic history of the UK in the inter-war period and to draw comparisons between recession profiles in the inter-war and the post-war period.
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Bibliographic InfoPaper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 3602.
Date of creation: 2011
Date of revision:
economic history; national accounts; monthly GDP data; Great Depression;
Other versions of this item:
- Mitchell, J. & Solomou, S. & Weale, M., 2011. "Monthly GDP Estimates for Inter-War Britain," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 1155, Faculty of Economics, University of Cambridge.
- N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
- C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
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