n?u=RePEc:auu:hpaper:052&r=his

repec.nep.his

n?u=RePEc:auu:hpaper:052&r=his

Table 9. Measuring the Gap between the Middle and the Bottom 1830s-1870s

New South Wales

Australia

Nominal Annual

Earnings

Unskilled

Real Annual Earnings

Unskilled

Real

GDP

Pc

Nominal

GDP

Pc

Non-farm All Non-farm All

1830s 100 100 100 100 100 100

1870s 237 2.17 274 251 251 2.70

Sources: Real GDP from M. Butlin et al. (2015), Table A1, pp. 555-8. Labor force

1841-1881 from M. Butlin et al. (2015), Table A2; 1828-1841 for NSW (Withers &

Perry 1985), linked wages and CPI from Coghlan (1918, vols. 1 and 2).

Table 10. Annual Earnings (£) in 1830s prices

Unskilled workers

All workers

1830s 1870s 1830s 1870s

Tasmania 47.0 63.9 61.7 63.9

Relative to NSW 117.2 63.5 136.5 58.4

New South Wales 40.1 100.7 45.2 109.4

100.0 100.0 100.0 100.0

Sources: Wages and prices for the 1830s are gleaned from Coghlan (1918: Vol. 1),

the 1850s from Coghlan (1918: vol. 2), and the 1870s from Coghlan (1918: vol. 3).

The CPI uses the 1861 NSW budget weights in McLean and Woodward (1992, Table

2, p. 20). Coghlan’s 1850s prices are linked to McLean and Woodward (1992) to

cover the years 1850s-1870s. The occupation data are from the colonial censuses.

Notes: Unskilled earnings include in-kind payments, and cover farm labor plus urban

common labor, weighted by occupation weights. Skilled labor includes artisans,

mechanics and those in the building trades.

More magazines by this user
Similar magazines