Business Intelligence

Monthly And Quarterly GDP Estimates For Interwar Britain

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Executive Summary

The authors derive monthly and quarterly series of UK GDP for the inter-war period from a set of indicators that were constructed at the time. They proceed to illustrate how the new data can contribute to the understanding of the economic history of the UK in the 1930s and have also used the series to draw comparisons between recession profiles in the 1930s and the post-war period. Gross Domestic Product is generally regarded as the most appropriate indicator of economic activity. But for the interwar period the data are only available at the annual frequency.

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