Balke, Nathan S; Gordon, Robert J - In: Journal of Political Economy 97 (1989) 1, pp. 38-92
This paper develops new methodology for the estimation of prewar gross national product (GNP), taps previously unused data sources, an d develops new estimates for the periods 1869-1908 and 1869-1928. Primary among the new data sources are direct measures of output in the transportation,...