Vector autoregression, cointegration and causality: testing for causes of the British industrial revolution

References

• Ahmad , A. and Kwan , C. C. 1991 . Causality between exports and economic growth . Economic Letters , 37 : 243 – 248 .
   Web of Science ®Google Scholar
• Berg , M. and Hudson , P. 1992 . Rehabilitating the industrial revolution . Economic History Review , 54 : 24 – 50 .
   Google Scholar
• Berrill , K. 1960 . International trade and rate of economic growth . Economic History Review , 12 : 351 – 359 .
   Web of Science ®Google Scholar
• Chow , P. C. Y. 1987 . Causality between export growth and industrial performance: evidence from the NICs . Journal of Development Economics , 26 : 55 – 63 .
   Web of Science ®Google Scholar
• Coleman , D. C. 1983 . Proto-industrialisation: a concept too many . Economic History Review , 36 : 435 – 448 .
   Web of Science ®Google Scholar
• Crafts , N. F. R. and Harley , C. K. 1992 . Output growth and the industrial revolution: a restatement of the Crafts-Harley view . Economic History Review , 45 : 703 – 730 .
   Web of Science ®Google Scholar
• Crafts , N. F. R. and Mills , T. C. 1994 . Trends in real wages in Britain, 1750–1913 . Explorations in Economic History , 31 : 176 – 194 .
   Web of Science ®Google Scholar
• Deane , P. and Cole , W. A. 1969 . British Economic Growth, 1688–1959 , Cambridge : Cambridge University Press .
   Google Scholar
• Engle , R. F. and Granger , C. W. J. 1987 . Cointegration and error correction: representation, estimation, testing . Econometrica , 55 : 1057 – 1072 .
   Web of Science ®Google Scholar
• Geweke , J. , Meese , R. and Dent , W. T. 1983 . Comparing alternative tests of causality in temporal systems: Analytic results and experimental evidence . Journal of Econometrics , 21 : 161 – 194 .
   Web of Science ®Google Scholar
• Giles , D. E. A. , Giles , J. A. and McCann , E. 1993 . Causality, unit roots and export-led growth: the New Zealand experience . Journal of International Trade and Economic Development , 1 : 195 – 218 .
   Google Scholar
• Granger , C. W. J. 1969 . Investigating causal relations by econometric models and cross spectral methods . Econometrica , 37 : 424 – 438 .
   Web of Science ®Google Scholar
• Granger , C. W. J. 1986 . Developments in the study of cointegrated economic variables . Oxford Bulletin of Economics and Statistics , 48 : 213 – 228 .
   Web of Science ®Google Scholar
• Greasley , D. and Oxley , L. 1994a . Structural change and unit root testing: British industrial production 1700–1913 . Applied Economics Letters , 1 : 39 – 40 .
   Google Scholar
• Greasley , D. and Oxley , L. 1994b . Rehabilitation sustained: the Industrial Revolution as a macroeconomic epoch . Economic History Review , 47 : 760 – 768 .
   Web of Science ®Google Scholar
• Greasley , D. and Oxley , L. 1995 . Causality and the first industrial revolution . Industrial and Corporate Change , to appear
   Google Scholar
• Greasley , D. and Oxley , L. 1996 . Technological epochs and British industrial production, 1700–1992 . Scottish Journal of Political Economy , 43 : 258 – 274 .
   Web of Science ®Google Scholar
• Guilkey , D. K. and Salemi , M. K. 1982 . Small sample properties of three tests for Granger-Causal ordering in a bivariate stochastic system . Review of Economics and Statistics , 64 : 668 – 680 .
   Web of Science ®Google Scholar
• Hatton , T. J. and Lyons , J. S. 1983 . Eighteenth Century British trade: homespun or empire made . Explorations in Economic History , 20 : 163 – 182 .
   Web of Science ®Google Scholar
• Hendry , D. F. 1986 . Econometric modelling with cointegrated variables: an overview . Oxford Bulletin of Economic and Statistics , 48 : 201 – 212 .
   Web of Science ®Google Scholar
• Hsiao , C. 1987 . Tests of causality and exogeneity between exports and economic growth: the case of the Asian NICs . Journal of Economic Development , 12 : 143 – 159 .
   Google Scholar
• John , A. H. 1961 . Aspects of economic growth in the first half of the Eighteenth Century . Economica , 28 : 176 – 190 .
   Web of Science ®Google Scholar
• Jung , W. S. and Marshall , P. J. 1985 . Exports, growth and causality in developing countries . Journal of Development Economics , 18 : 1 – 12 .
   Web of Science ®Google Scholar
• Komlos , J. 1989 . Thinking about the Industrial Revolution . Journal of European Economic History , 18 : 191 – 206 .
   Google Scholar
• Komlos , J. 1990 . Nutrition population growth and the Industrial Revolution in England . Social Sciences History , 14 : 69 – 91 .
   Web of Science ®Google Scholar
• Ljung , G. M. and Box , G. E. P. 1978 . On a measure of lack of fit in time series models . Biometrika , 65 : 297 – 303 .
   Web of Science ®Google Scholar
• Lucas , R. E. Jr . 1993 . Making a miracle . Econometrica , 61 : 251 – 272 .
   Web of Science ®Google Scholar
• Lutkepohl , H. and Leimers , H.-E. 1992 . Granger-causality in cointegrated VAR processes: the case of the term structure . Economics Letters , 40 : 263 – 268 .
   Web of Science ®Google Scholar
• Lee , C. H. 1986 . The British Economy Since 1700 , Cambridge : Cambridge University Press .
   Google Scholar
• McCloskey , D. N. 1994 . 1780–1860, in The Economic History of Britain Since 1700 , 2nd. edn , Edited by: McCloskey , D. N. and Floud , R. C. vol. 1 , 242 – 270 . Cambridge : Cambridge University Press .
   Google Scholar
• Mackinnon , J. 1991 . “ Critical values for cointegration tests ” . In Long-Run Economic Relationships , Edited by: Engle , R. F. and Granger , C. W. J. 267 – 276 . Oxford : Oxford University Press .
   Google Scholar
• Mitchell , B. and Deane , P. 1962 . Abstract of British Historical Statistics , Cambridge : Cambridge University Press .
   Google Scholar
• Mokyr , J. 1993 . “ Editor's Introduction: The New Economic History and the Industrial Revolution ” . In The British Industrial Revolution: An Economic Perspective , Edited by: Mokyr , J. 1 – 131 . Boulder : Westview Press .
   Google Scholar
• O'Brien , P. K. 1993 . “ Introduction: Modern Conceptions of the Industrial Revolution ” . In The Industrial Revolution and British Society , Edited by: O'Brien , P. K. and Quinault , R. 1 – 30 . Cambridge : Cambridge University Press .
   Google Scholar
• O'Brien , P. K. and Engerman , S. 1991 . “ Exports and the growth and the British Economy from the glorious revolution to the peace of Amiens ” . In Slavery and the Rise of the Atlantic System , Edited by: Solow , B. 177 – 209 . Cambridge : Cambridge University Press .
   Google Scholar
• Rebelo , S. 1991 . Long-run policy analysis and long-run growth . Journal of Political Economy , 99 : 500 – 521 .
   Web of Science ®Google Scholar
• Schmidt , P. 1976 . Econometrics , New York : Marcel Dekker .
   Google Scholar
• Simon , J. 1994 . Demographic causes and consequences of the Industrial Revolution . Journal of European Economic History , 23 : 141 – 159 .
   Google Scholar
• Sims , C. A. 1972 . Money, income and causality . American Economic Review , 62 : 540 – 552 .
   Web of Science ®Google Scholar
• Sims , C. A. , Stock , J. H. and Watson , M. W. 1990 . Inference in linear time series models with some unit roots . Econometrica , 58 : 113 – 144 .
   Web of Science ®Google Scholar
• Sullivan , R. J. 1989 . England's age of invention: the acceleration of patents and patentable invention during the industrial revolution . Explorations in Economic History , 26 : 424 – 452 .
   Web of Science ®Google Scholar
• Toda , H. Y. and Phillips , P. C. B. 1991 . Vector autoregressions and causality , Discussion Paper No. 977 New Haven , CT : Cowles Foundation .
   Google Scholar
• Toda , H. Y. and Phillips , P. C. B. 1991 . Vector autoregression and causality: a theoretical overview and simulation study , Working Paper 91-07 University of Western Australia .
   Google Scholar
• Tsoulouhas , T. C. 1992 . A New Look at demographic and technological change England 1550–1839 . Explorations in Economic History , 29 : 169 – 203 .
   Web of Science ®Google Scholar
• Wrigley , E. A. and Schofield , R. S. 1991 . The Population History of England, 1541–1871: A reconstruction , Cambridge : Cambridge University Press .
   Google Scholar
• Zahediah , N. 1994 . London and the colonial consumer in the late Seventeenth Century . Economic History Review , 47 : 239 – 261 .
   Web of Science ®Google Scholar