Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/210085
Authors: 
Klovland, Jan Tore
Year of Publication: 
2015
Series/Report no.: 
Working Paper No. 18/2015
Publisher: 
Norges Bank, Oslo
Abstract: 
This paper presents new indices for industrial production in Norway covering the years 1896-1948. Separate annual and monthly indices of gross output and labour productivity are computed for 45 manufacturing and mining industries, using annually updated weights based on value added at factor cost. The new industrial production index shows somewhat stronger growth of output in the years before WWI and, in particular, in the 1930s, than the existing index published by Statistics Norway. The new monthly data set also provides a basis for identifying a business cycle chronology for Norway in the first half of the twentieth century.
Subjects: 
industrial production
business cycles
labour productivity
JEL: 
E32
N64
O47
Persistent Identifier of the first edition: 
ISBN: 
978-82-7553-885-5
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/4.0/deed.no
Document Type: 
Working Paper
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