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Quarterly GDP for Ireland since 1950

Author

Listed:
  • Kenny, Sean
  • Stuart, Rebecca

Abstract

We construct estimates of quarterly GDP for Ireland from 1950, linking to official data from 1995 onward, using a novel factor-augmented Chow-Lin interpolation. Compared to the only alternative series (OECD, 2025), our procedure exploits the variation in a large number of official quarterly economic data and our estimates are broadly consistent with contemporary reports. Our series permits a more granular identification of business cycle turning points than was previously possible. The frequency and magnitude of quarterly contractions in the 1950s and 1980s dwarfed those of other decades resulting in lower average growth rates. In contrast, the 1990s are confirmed as a decisive period of higher growth and rapid convergence.

Suggested Citation

  • Kenny, Sean & Stuart, Rebecca, 2025. "Quarterly GDP for Ireland since 1950," QUCEH Working Paper Series 25-07, Queen's University Belfast, Queen's University Centre for Economic History.
    • Handle: RePEc:zbw:qucehw:320436
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    More about this item

    Keywords

    Irish quarterly GDP; principal components; Chow-Lin interpolation; factors; economic growth;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P44 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - National Income, Product, and Expenditure; Money; Inflation

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