Journal article
British business cycles, 1270-1870
- Abstract:
- 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 agricultural fluctuations, but shocks to industry and commerce became more important over time as the structure of the economy changed. A number of severe recessions can be identified, associated with harvest failures, disease outbreaks, wars and disruptions to commerce. Monetary and financial factors also played a role in some of these severe recessions.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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(Preview, Version of record, pdf, 1.0MB, Terms of use)
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- Publisher copy:
- 10.1007/s11698-025-00306-w
Authors
- Publisher:
- Springer
- Journal:
- Cliometrica More from this journal
- Volume:
- 20
- Issue:
- 1
- Pages:
- 37–68
- Publication date:
- 2025-04-22
- Acceptance date:
- 2025-02-06
- DOI:
- EISSN:
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1863-2513
- ISSN:
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1863-2505
- Language:
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English
- Keywords:
- Pubs id:
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2085313
- Local pid:
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pubs:2085313
- Deposit date:
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2025-02-12
- ARK identifier:
Terms of use
- Copyright holder:
- Broadberry et al.
- Copyright date:
- 2025
- Rights statement:
- © The Author(s) 2025. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
- Licence:
- CC Attribution (CC BY)
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