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Personal income of U.S. states : estimates for the period 1880–1910 \ud

By Alexander Klein

Abstract

This paper constructs an estimate of the total personal income for every U.S state in 1880, 1890, 1900, and 1910. The series includes new figures for 1890 and 1910, and updated figures for 1880 and 1900, which were originally estimated by Richard Easterlin more than fifty years ago. The estimation follows the methodology developed by Easterlin. The paper presents a comparison of the original with the updated 1880 and 1900 figures, a formalization of Easterlin’s methodology, the details of the data sources and the calculation of the new 1890 and 1910 U.S. states’ total personal income estimates. \ud \u

Topics: HC
Publisher: University of Warwick
Year: 2009
OAI identifier: oai:wrap.warwick.ac.uk:3551

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Citations

  1. (1956). 427, Table N1, column 4 under the assumption that the relative change in total personal income between the particular year and the average for 1899–1901 is the same as the relative change in the gross national product.
  2. (1957). 723, Table 4.4.53 Table 6: U.S. States Total Personal Income per Capita (TPI pc) in 1880 and 1900; Comparison of Easterlin and this Study Estimates; in current $U.S. TPI pc % TPI pc % Easterlin This Study Difference Easterlin This Study Difference 1880
  3. (1957). column 1: Easterlin
  4. Column 2: arithmetic average of 1889, 1890 and 1891 estimates. The estimates in each year are derived using the same sources and procedure as the estimates in column 1. Column 3 and 4: arithmetic average of personal income of 1899–1901 and 1909–1911.
  5. (1957). column 3: Easterlin
  6. (1957). Columns 1–4: Derived by redistributing the United States totals in row 1 in the same proportions as
  7. (2002). Gallman’s Annual Output Series for the United States, doi
  8. (1957). Rows 6–10: Easterlin
  9. (1957). Sources: Miller and doi
  10. (1995). State Personal Income: 1929-1993. Washington, D.C, GPO.48 Table 1: U.S. Total Personal Income, 1880–1910, in millions of current $U.S.
  11. (1957). Tables Y-1 to Y-4, pages 753–756.52 Table 5: Interindustry Differentials 1880–1910. 1880 1890
  12. (1999). The American Philosophical Society, doi
  13. (1956). The data come from Goldsmith et al.
  14. (2002). The estimates in each year were derived from Rhode
  15. (2003). The Productivity of US States since 1880. doi

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