A New Balance of Payments for the United States, 17901919

Viac o knihe

The book presents a comprehensive analysis of balance of payments statistics for the United States from 1790 to 1919, prior to the establishment of official records. It justifies the creation of a new balance of payments table and addresses the limitations of previous data sources. Key features include innovative measurement techniques and the development of new series that highlight the economic significance of various sectors over time, such as the slave trade and manufacturing. Additionally, it generates new time series data on the movement of people, goods, funds, and services, concluding with insightful applications of the findings.