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Estimates of quarterly GDP for the interwar UK economy

By Peter Hayes and Paul Turner

Abstract

This article uses the Chow--Lin (1971) procedure to generate estimates of quarterly gross domestic product for the UK economy over the period January 1920 to April 1938. This series is then used to estimate a cointegrating relationship between employment, real wages and aggregate output.

DOI identifier: 10.1080/13504850500461605
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