IDEAS home Printed from https://ideas.repec.org/a/cup/nierev/v105y1983ip5-18_2.html
   My bibliography  Save this article

Chapter I. The Home Economy

Author

Listed:
  • Anonymous

Abstract

Over the past two years, total output has risen almost continuously, but slowly. The output estimate of GDP shows only one quarter (the first quarter of 1982 when production was affected by bad weather) in which output failed to increase. The rate of growth has varied, declining from 2 per cent a year in the second half of 1981 to less than 1 per cent a year over the first three quarters of 1982, then rising again to 1½-2 per cent in the final quarter of last year and the first quarter of this; but throughout it has been low by the standards of previous economic recoveries. By the first quarter of this year, output was only 2½ per cent higher than its trough in the second quarter of 1981 (in contrast to increases of 5 per cent, 9½ per cent and 6½ per cent at the corresponding stage of the three preceding recoveries) and still 4½ per cent below its peak in the second quarter of 1979.

Suggested Citation

  • Anonymous, 1983. "Chapter I. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 105, pages 5-18, August.
    • Handle: RePEc:cup:nierev:v:105:y:1983:i::p:5-18_2
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0027950100026053/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:nierev:v:105:y:1983:i::p:5-18_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://edirc.repec.org/data/niesruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.