Measuring New Zealand's GDP 1865-1933: A cointegration-based approach

Review of Income and Wealth

Volumn 46, Issue 3, 2000, Pages 351-368

  Greasley, David ^a   Oxley, Les ^b  

^a UNIVERSITY OF EDINBURGH   (United Kingdom)

^b UNIVERSITY OF WAIKATO   (New Zealand)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0034364983     PISSN: 00346586     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1475-4991.2000.tb00847.x     Document Type: Article

References (43)

1. Arndt, H. W., A Pioneer of National Income Estimates, Economic Journal, 59, 616-25, 1949.
2. Arnold, N. N., Consumer Prices, 1870-1919, Discussion Paper No. 12, Department of Economics, Victoria University of Wellington, 1982.
3. Bloomfield, G. T., A Handbook of New Zealand Statistics, Hall and Co., Boston, 1984.
4. Bruce, N. M. S., The War and New Zealand Trade, unpublished Ph.D. thesis, Canterbury College, 1920.
5. Butlin, N. G., Australian Domestic Product, Investment, and Foreign Borrowing: 1861-1938/39, Cambridge University Press, Cambridge, 1962.
6. Butlin, S. J., A. R. Hall, and R. C. White, Australian Banking and Monetary Statistics, 1917-1945, Reserve Bank of Australia, Occasional Paper 4A, 1971.
7. Cashin, P., Real GDP in the Seven Colonies of Australasia: 1861-1991, The Review of Income and Wealth, Series 41, 19-39, 1995.
8. Chapple, S., How Great was the Depression in New Zealand: Neglected Estimates of Interwar Aggregate Income, New Zealand Economic Papers, 28, 195-203, 1994.
9. Cuthbertson, K., S. Hall, and M. Taylor, Applied Econometric Techniques, Hemel Hempstead, Philip Allan, 1992.
10. Dickey, D. A. and W. Fuller, Distribution of the Estimators for Autoregressive Time Series with a Unit Root, Journal of the American Statistical Association, 74, 427-31, 1979.
11. Doblin, E. M., The Ratio of Income to Money Supply: An International Survey, Review of Economics and Statistics, 33, 201-13, 1951.
12. Dowie, J. A., The Course and Characteristics of Capital Formation in New Zealand, 1871-1900, New Zealand Economic Papers, 1, 38-58, 1966.
13. Easton, B., A GDP Deflator Series for New Zealand, 1913/14-1976/77, Massey Economic Papers B9004, Massey University, 1990.
14. Easton, B. and N. Wilson, An Investigation of the Database of New Zealand's Terms of Trade, the First Draft of a Report Prepared by the New Zealand Institute of Economic Research for the Department of Trade and Industry, Working Paper No. 84/10, Appendix 2, 1984.
15. Easton, B., In Stormy Seas: The Post-War New Zealand Economy, University of Otago Press, Dunedin, 1997.
16. Engle, R. F. and C. W. J. Granger, Co-integration and Error Correction Representation, Estimation and Testing, Econometrica, 55, 251-76, 1987.
17. Fisher, A. G. B., Distribution of Income in New Zealand, The Economic Record, 11, 221-30, 1930.
18. Friedman, M., Monetary Data and National Income Estimates, Economic Development and Cultural Change, 9, 267-86, 1961.
19. Granger, C. W. J. and P. Newbold, Spurious Regression in Econometrics, Journal of Econometrics, 2, 213-17, 1974.
20. Greasley, D. and L. Oxley, A Tale of Two Dominions: Comparing the Macroeconomic Records of Australia and Canada since 1870, Economic History Review, 51, 294-318, 1998.
21. _, Outside the Club: New Zealand's Economic Growth, 1870-1993, International Review of Applied Economics, 14, 173-92, 2000.
22. Hawke, G. R., Income Estimation from Monetary Data: Further Explorations, The Review of Income and Wealth, Series 21, 301-7, 1975.
23. _, The Making of New Zealand, Cambridge University Press, Cambridge, 1985.
24. Johansen, S., Statistical Analysis of Cointegrating Vectors, Journal of Economic Dynamics and Control, 12, 231-54, 1988.
25. Knight, C., et al., Final Report of the Civil Service Commissioners, AJHR 1866 D-7B, 1866.
26. Leff, N. H., A Technique for Estimating Income Trends from Currency Data and an Application to Nineteenth Century Brazil, The Review of Income and Wealth, Series 18, 355-68, 1972.
27. Lineham, B. T., New Zealand's Gross Domestic Product, 1918/38, New Zealand Economic Papers, 2, 15-26, 1968.
28. MacKinnon, J., Critical Values for Cointegration Tests, in Long Run Economic Relationships in Cointegration, eds., R. F. Engle and C. W. J. Granger, Oxford University Press, Oxford, 1991.
29. Maddison, A., Monitoring the World Economy 1820-1992, OECD, Paris, 1995.
30. Maddock, R., and I. W. McLean, The Australian Economy in the Long Run, Cambridge University Press, Cambridge, 1987.
31. McIlraith, J. W., The Course of Prices in New Zealand, Government Print, Wellington, 1911.
32. Mitchell, B. R., International Historical Statistics: Africa Asia and Oceania 1750-1992, Macmillan, London, 1995.
33. Nesbitt-Savage, R., A Long Run Consumer Price Index and Inflation Series for New Zealand, Department of Economics, University of Waikato, 1993.
34. New Zealand Official Year Book (NZOYB), various issues.
35. New Zealand Statistics for Population and Buildings, Official Publication, 1922/23-1939/40.
36. Official Yearbook of the Commonwealth of Australia, 1910.
37. Phillips, P. C. B. and B. E. Hansen, Statistical Inference in Instrumental Variables Regression with I(1) Processes, Review of Economic Studies, 57, 99-125, 1990.
38. Rankin, K., New Zealand's Gross National Product: 1859-1929, The Review of Income and Wealth, Series 38, 49-69, 1992.
39. _, Comment. How Great was the Depression in New Zealand, New Zealand Economic Papers, 28, 205-9, 1994.
40. Scollay, R. and S. St. John, Macroeconomics and the Contemporary New Zealand Economy, Auckland NZ, Longman, 1996.
41. Sheppard, D. K., K. Guerin, and S. Lee, N.Z. Monetary Aggregates and the Total Assets of Leading Groups of Financial Institutions, 1862-1982, Money and Finance Discussion Paper 11, Victoria University of Wellington, 1990.
42. Thorns, D. and C. Sedgwick, Understanding Aotearoa/New Zealand, The Dunmore Press, Palmerston North, 1997.
43. Vamplew, W., Australians: Historical Statistics, Fairfax, Syme and Weldon, Broadway, NSW, Australia, 1987.