NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

U.S. Industrial Production Index (1790-1915)

We here present the TECHNICAL DATA APPENDIX to Joseph H. Davis An Annual Index of U.S. Industrial Production, 1790-1915 Quarterly Journal of Economics (November 2004)

This appendix documents the underlying physical-volume series of the U.S. industrial production index presented in Davis (2004). Several modifications have been made to the previous Technical Data Appendix (Davis 2002b). An alphabetical inventory of the 43 index components is concisely presented in Table A1. Compilation details for certain series follow the table, and the relative strengths and weaknesses of the data are assessed.

Technical Appendixes B, C, and D separately address the locomotive, merchant shipbuilding, and pig iron series, respectively. Appendix E derives the value-added component weights of the new index. Taken together, the disclosure in the appendixes should permit a replication of the final index presented in Davis (2004).

Joseph H. Davis, Ph.D.
Investment Counseling & Research
The Vanguard Group
Valley Forge, PA 19482-2600
Phone: 610.669.6725
Fax: 610.407.2828
Joseph_Davis at Vanguard.com

Last modified date: Wed, 27 Oct 2004 16:41:01 -0400
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us