Forthcoming: Improving deflators for estimating Canadian economic growth, 1870–1900

I received news yesterday that a revised version of my paper with Michael Hinton on the improvement of price deflators for Canadian GNP figures between 1870 and 1900 will be published by Research in Economic HistoryThe old version of the paper is here on SSRN. The key result from our paper is that Canada’s rate of growth is heavily underestimated during the country’s first three decades after “independence” (for lack of a better term). Instead of being a less-than-average performer, Canada is the fastest growing economy of the western world.

The data, once the paper is published, will be shared in full detail on the Macro History of Canada section of my website with read-me files (i.e. methodology, details, explanations of choices made).

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