Revised Canadian real GNP estimates for the 1870-1926 period, based on the nominal GNP estimates constructed by M. C. Urquhart and on a variety of sector-specific price indexes, are presented. The construction of this revised real GNP series allows for the creation of real output estimates for...

The revisionist real per capita net national income estimates for colonial America, derived from Alice Handon Jones' path breaking wealth estimates, do not differ significantly from Robert Gallman's long-standing estimates. And, though it appears that the revisionist estimates are, unlike...

At present there are two general points of view on the economy of early Canada. The dominant viewpoint is that the economic system was stagnant, due to the exaggerated concentration on the fur trade and insufficiencies of internal and external markets. This viewpoint is disputed with the...

A behavioural model of the firm and economic growth is presented whereby the level of economic efficiency, the choice of technology, and the rate of technical change, are all affected by firm organization and institutional variables. In this model, high- and low-wage firms can be cost...