REGIONAL GDP IN BRITAIN, 1871–1911: SOME ESTIMATES

Nicholas F. R. Crafts

102 citations0/0 files storedScottish Journal of Political Economy

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Historical Economic and Social Studies Economic Theory and Policy Regional Economic and Spatial Analysis

Abstract

Abstract The paper builds on a method proposed by Geary and Stark for estimating regional incomes in Victorian Britain. This is modified by using tax data to allocate non‐wage income across regions. The results suggest that the coefficient of variation of regional GDP per head was rising rapidly prior to World War I in similar fashion to the late 20th century such that its level in 1901 and 2001 was about the same. In both episodes of globalization there were big winners and big losers among British regions.

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2001The World Economy 1998Integration of Trade and Disintegration of Production in the Global Economy 2001The world economy: a millennial perspective 1988British Historical Statistics 2004Global capital markets integration, crisis, and growth 2004Global Capital Markets 1968British Economic Growth, 1688-1959.1986Industrialization and Regional Inequality: Wages in Britain, 1760–1914

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