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The Prewar Business Cycle Reconsidered: New Estimates of Gross NationalProduct, 1869-1918

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NBER1986-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1969
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资源简介:
This paper shows that the existing estimates of prewar gross national product exaggerate the size of cyclical fluctuations. The source of the exaggeration is that the original Kuznets estimates are based on the assumption that GNP moves one-for-one with commodity output valued at producer prices.
提供机构:
美国国家经济研究局
创建时间:
1986-07-01
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