NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Gallman's Annual Output Series for the United States, 1834-1909

Paul W. Rhode

NBER Working Paper No. 8860
Issued in March 2002
NBER Program(s):   DAE

This paper presents Robert Gallman's classic, but heretofore unpublished annual series for US national product over the 1834-59 and 1869-1909 periods. The 'Volume 30' series, reported as decadal averages, underlie much of what we know about American income growth and capital formation before 1909. This paper briefly documents Gallman's construction and use of the annual series, offers corrections for minor errors found in the previously circulated versions, compares the series with alternative national product estimates, and explores promising avenues for further research. Most importantly, this paper lays out why Gallman considered his annual 'Volume 30' series unsuitable for business-cycle analysis.

download in pdf format
   (310 K)

email paper

This paper is available as PDF (310 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w8860

Users who downloaded this paper also downloaded these:
Gallman Gross National Product in the United States, 1834-1909
Weiss U. S. Labor Force Estimates and Economic Growth, 1800-1860
Gallman The United States Capital Stock in the Nineteenth Century
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

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

Contact Us