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accounts and historical estimates are spliced. To allow for changes in relative prices, GDP benchmark years in national … accounts are periodically replaced with new and more recent ones. Thus, a homogeneous long-run GDP series requires linking … GDP levels and growth, particularly as an economy undergoes deep structural transformation. An inadequate splicing may …
Persistent link: https://www.econbiz.de/10011084295
the entire period GDP per capita increased by on average 0.19% per year. This persistent growth, however, was highly …
Persistent link: https://www.econbiz.de/10010576533
Persistent link: https://www.econbiz.de/10012314118
This article documents and examines the integration of markets across the early modern/late modern divide, exploiting the largest dataset compiled to date on grain prices, spanning one hundred European cities evenly spread across land-locked and low-land areas. Using those series, it studies...
Persistent link: https://www.econbiz.de/10011042830
Although 50 years of scientific work has been invested in building retrospective economic time series, their reliability is still debated, a good example being the two competing nineteenth century French GNP series. Instead of trying to bring up some new details to gauge their respective...
Persistent link: https://www.econbiz.de/10004988412
Two distinctive regimes are distinguished in Spain over half-a-millennium. A first one (1270s-1590s) corresponds to a high land-labour ratio frontier economy, pastoral, trade-oriented, and led by towns. Wages and food consumption were relatively high. Sustained per capita growth occurred from...
Persistent link: https://www.econbiz.de/10009001065
This paper reconstructs an annual volume series of GDP and GDP per capita for Sweden within present borders 1620 …–1800, extending the annual series that exist from 1800 onwards. Annual fluctuations of GDP are estimated from the annual fluctuations …-term trend of GDP per capita increased modestly during the studied period, a different development from real wages that fell …
Persistent link: https://www.econbiz.de/10010875692
Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often …
Persistent link: https://www.econbiz.de/10012133155
international debate on “GDP and beyond”. In contrast to similar efforts displayed in previous decades, the current projects …
Persistent link: https://www.econbiz.de/10010907940
then to analyze the FDI inflow and GDP growth in Turkey with econometric methods. …
Persistent link: https://www.econbiz.de/10011049613