The decomposition of Greek real GDP (1858-1938)

Authors

Dimitrios Dadakas, University Of Sheffield
Erotokritos Varelas, University of Macedonia

RIS ID

76890

Publication Details

Dadakas, D. & Varelas, E. 2009, 'The decomposition of Greek real GDP (1858-1938)', International Review of Economics, vol. 56, no. 2, pp. 189-202.

Abstract

In the present article the time series of the decomposition of Greek real GDP are investigated for the presence of a unit root, allowing for a maximum of two breaks which take place at an unknown point in time. This methodology is preferred to the conventional Dickey and Fuller tests because the covered time horizon, namely from 1858 to 1938, is characterized by a number of very important events, the nature of which is either economic or historical.