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A Revision of Canadian Economic Growth: 1870-1910 (A Challenge to the Gradualist Interpretation)

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  • Morris Altman

Abstract

The author presents revised estimates of real gross manufacturing output and growth. Also, for the first time, estimates are presented for real value added: (1) in manufacturing; (2) per capita; and (3) per employee in manufacturing, and their corresponding growth rates. These estimates involve the use of existing price indices and new ones constructed for this study. Details on the construction of these indices and output estimates are also presented. The results of this paper refute the received view that Canada's manufacturing sector sustained steady and relatively vigorous growth over the period 1870- 1910. Findings suggest that the growth performance of Canada's manufacturing sector became substantive only at the turn of the twentieth century with the arrival of the wheat boom.

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  • Morris Altman, 1987. "A Revision of Canadian Economic Growth: 1870-1910 (A Challenge to the Gradualist Interpretation)," Canadian Journal of Economics, Canadian Economics Association, vol. 20(1), pages 86-113, February.
    • Handle: RePEc:cje:issued:v:20:y:1987:i:1:p:86-113
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    Cited by:

    1. Gillian C. Hamilton & Ian Keay & Frank D. Lewis, 2017. "Contributions to Canadian economic history: The last 30 years," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(5), pages 1632-1657, December.
    2. Michael Hinton & Thomas Barbiero, 2012. "Is Protection Good or Bad for Growth? Lessons from Canada's Cotton Textile Mills," Working Papers 036, Ryerson University, Department of Economics, revised Oct 2012.

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