British business cycles, 1270-1870

Annual estimates of GDP constructed from the output side are used to analyse British business cycles between 1270 and 1870. After c.1670 the scale of recessions tended to diminish as the economy grew, diversified and became more resilient. Until c.1730, business cycles were driven largely by agricul...

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Bibliographic Details
Main Authors: Broadberry, S, Campbell, BMS, Klein, A, Overton, M, van Leeuwen, B
Format: Working paper
Language:English
Published: University of Oxford 2022