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Business cycles in the Netherlands, 1815-1913

Author

Listed:
  • Jacobs, Jan
  • Smits, Jan-Pieter

    (Groningen University)

Abstract

This article exploits a unique new dataset containing information on the economy of the Netherlands to date business cycles turning points in the 19th century (1815-1913) using a modern econometric technique. The business cycle in the Netherlands is compared to the international (UK and US) business cycle for the second half of the sample. We conclude that business cycles do exist in the Netherlands in the 19th century – even before 1870. The Netherlands follows the international business cycle before 1870 and after 1890. In the in-between period the Dutch production could not meet both domestic demand and export demand.

Suggested Citation

  • Jacobs, Jan & Smits, Jan-Pieter, 2001. "Business cycles in the Netherlands, 1815-1913," CCSO Working Papers 200110, University of Groningen, CCSO Centre for Economic Research.
  • Handle: RePEc:gro:rugccs:200110
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    File URL: http://irs.ub.rug.nl/ppn/241234816
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    Cited by:

    1. Škare, Marinko & Mošnja-Škare, Lorena, 2019. "Economic policy implications of the Gibson Law in the Netherlands (1800–2012)," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 926-942.
    2. van den Berg, Gerard J. & Gupta, Sumedha, 2015. "The role of marriage in the causal pathway from economic conditions early in life to mortality," Journal of Health Economics, Elsevier, vol. 40(C), pages 141-158.
    3. repec:dgr:rugsom:01c52 is not listed on IDEAS
    4. Marinko Škare & Lorena Mošnja-Škare, 2015. "Gibson paradox revisited - liquidity chain effect," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 16(3), pages 510-528, June.
    5. Jacobs, Jan & Smits, Jan-Pieter, 2001. "Business cycles in the Netherlands, 1815-1913," CCSO Working Papers 200110, University of Groningen, CCSO Centre for Economic Research.
    6. Jitka POMĚNKOVÁ & Roman MARŠÁLEK, 2012. "Time and frequency domain in the business cycle structure," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 58(7), pages 332-346.

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