Regional GDP in the UK, 1861-1911: new estimates

This article compares the Geary-Stark method for distributing known GDP totals across regions with a variation suggested by Crafts. Tests of the Geary-Stark method confirm that it generates accurate estimates of regional GDP. There are practical and conceptual problems with Crafts' extension, a...

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Veröffentlicht in:The Economic history review Jg. 68; H. 1; S. 123 - 144
Hauptverfasser: Geary, Frank, Stark, Tom
Format: Journal Article
Sprache:Englisch
Veröffentlicht: Oxford Blackwell Publishing Ltd 01.02.2015
John Wiley & Sons Ltd
Blackwell
Schlagworte:
1861-1911
Economic conditions
Economic history
Famine
GDP
Gross Domestic Product
Handicrafts
Inequality
Ireland
Labor force
Labor productivity
Labour force
Production functions
Productivity
Productivity growth
Purchasing power parity
Regions
Studies
United Kingdom
United Kingdom > UK
Ireland
ISSN:0013-0117, 1468-0289
Online-Zugang:Volltext
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Zusammenfassung:This article compares the Geary-Stark method for distributing known GDP totals across regions with a variation suggested by Crafts. Tests of the Geary-Stark method confirm that it generates accurate estimates of regional GDP. There are practical and conceptual problems with Crafts' extension, and it is not tested nor is it testable. New estimates of regional GDP for the period 1861 to 1911 contradict Crafts's suggestion of rising regional inequality. Purchasing power parity adjustments do not alter this trend. The new estimates confirm Ireland's post-Famine catch-up. The great bulk of Irish labour productivity growth can be accounted for by an upward shifting production function, though it can be argued that that portion of growth that represents catch-up may be attributable to labour force decline.
Bibliographie:istex:500F2C4C2187FDEFB2EE096E81C66CCDCD402292
ark:/67375/WNG-NMS0K74G-R
We are grateful for comments from three anonymous referees. We are grateful also to Kevin O'Rourke who, some years ago, drew our attention to the unpublished Board of Trade report on wages and sent Frank Geary a copy. Jason Begley and Graham Brownlow commented on earlier versions of this article. Isobel Stark of the University of Southampton Library provided valuable assistance in tracking down references. The errors are ours.
ArticleID:EHR12061
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ISSN:0013-0117
1468-0289
DOI:10.1111/1468-0289.12061