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A price index for Canada, 1688 to 1850

Author

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  • Vincent Geloso

Abstract

This paper presents the first price index for any region of Canada that spans from the colonial era to the mid-19th century. I constructed it using prices from the account books of religious congregations with estates throughout modern-day Quebec. It represents a substantial improvement over previous indexes thanks to the consistent price quotations in the source material, the high frequency of observations for many goods, the vast number of goods and the inclusion of numerous non-agricultural and non-food goods. Its price trends differ mildly from those of existing but less-comprehensive price indexes. I link this new index with post-1850 indexes to create a 328-year price index for Canada.

Suggested Citation

  • Vincent Geloso, 2019. "A price index for Canada, 1688 to 1850," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 526-560, May.
    • Handle: RePEc:cje:issued:v:52:y:2019:i:2:p:526-560
    DOI: 10.1111/caje.12381
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    Cited by:

    1. Maja Uhre Pedersen & Vincent Geloso & Paul Sharp, 2020. "Globalization and Empire: Market integration and international trade between Canada, the United States and Britain, 1750-1870," Working Papers 0204, European Historical Economics Society (EHES).
    2. Gerlach, Stefan & Stuart, Rebecca, 2025. "Have we under-estimated inflation persistence before WW1? US and international evidence," QUCEH Working Paper Series 25-05, Queen's University Belfast, Queen's University Centre for Economic History.
    3. Candela, Rosolino A. & Geloso, Vincent, 2019. "Why consider the lighthouse a public good?," International Review of Law and Economics, Elsevier, vol. 60(C).
    4. repec:jpe:journl:1495 is not listed on IDEAS
    5. Gerlach, Stefan & Stuart, Rebecca, 2024. "Commodity prices and international Inflation, 1851–1913," Journal of International Money and Finance, Elsevier, vol. 144(C).
    6. Bryan P Cutsinger & Vincent Geloso & Mathieu Bédard, 2022. "The wild card: colonial paper money in French North America, 1685 to 1719 [Economic Structure and Agricultural Productivity in Europe, 1300–1800]," European Review of Economic History, European Historical Economics Society, vol. 26(2), pages 185-207.
    7. Jeremy Land & Vincent Geloso, 2020. "Colonial Military Garrisons as Labor‐Market Shocks: Quebec City and Boston, 1760–1775," Social Science Quarterly, Southwestern Social Science Association, vol. 101(4), pages 1326-1344, July.
    8. Vincent Geloso & Peter Lindert, 2020. "Relative costs of living, for richer and poorer, 1688–1914," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 14(3), pages 417-442, September.
    9. Prados de la Escosura, Leandro, 2023. "Economic freedom in retrospect," IFCS - Working Papers in Economic History.WH 37433, Universidad Carlos III de Madrid. Instituto Figuerola.
    10. Gerlach, Stefan & Stuart, Rebecca, 2021. "Commodity Prices and Global Inflation, 1851-1913," CEPR Discussion Papers 16526, C.E.P.R. Discussion Papers.

    More about this item

    JEL classification:

    • N11 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: Pre-1913

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