Czechoslovak Aggregate Production In The Interwar Period

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Review Of Income And Wealth


The purpose of this article is to present estimates of the Czechoslovak gross domestic product from 1913 through 1937 and to interpret these data in terms of certain crucial economic policy decisions. In the first part of the article, the major methods of estimation of the G.D.P. using a sector of origin approach are briefly discussed; a fuller description is presented in the appendix. The second part examines the major economic dilemmas facing the Czechoslovak government and the most important actual policy decisions. In order to provide quantitative perspective on the Czechoslovak successes and failures, national product and export series for all the Central European nations are also presented and briefly discussed.