RDP 2014-01: Macroeconomic Consequences of Terms of Trade Episodes, Past and Present Appendix B: Data Sources

Tables B1, B2 and B3 contain lists of data sources used in this paper.

Table B1: Data Sources – Prices, Wages and Exchange Rate Data
Series Data sources Sample
Export and import prices Gillitzer and Kearns (2005) 1870–1959
ABS Cat No 5302.0 1959–2013
Average weekly earnings Butlin MW (1977) 1901–1949
ABS Cat Nos 6350.0 and 6302.0 1950–2013
Real TWI McKenzie (1986) 1892–1970
RBA Statistical Table ‘F15 Real Exchange Rate Measures’ 1971–2013
Consumer price inflation ABS Cat No 1301.0
Year Book Australia 1995
1860–1949
 
ABS Cat No 6401.0 1950–2012
Table B2: Data Sources – Aggregate Level Data
Series Data sources Sample
GDP Butlin NG (1962) 1895–1900
Butlin MW (1977) 1901–1959
ABS Cat Nos 5204.0 and 5206.0 1960–2013
Consumption Butlin MW (1977) 1901–1959
ABS Cat Nos 5204.0 and 5206.0 1960–2013
Investment Butlin MW (1977) 1901–1959
ABS Cat Nos 5204.0 and 5206.0 1960–2013
Imports Butlin MW (1977) 1901–1959
ABS Cat Nos 5204.0 and 5206.0 1960–2013
Exports Butlin MW (1977) 1901–1959
ABS Cat Nos 5204.0 and 5206.0 1960–2013
Exports shares by commodity Gillitzer and Kearns (2005) 1904–2004
ABS Cat No 5368.0 2005–2012
Exports shares by country Vamplew (1987) 1901–1915
Pinkstone (1992) 1916–1987
ABS Cat No 5368.0 1988–2012
Fiscal balance Vamplew (1987) 1889–1961
ABS Cat Nos 5501.0 and 5512.0 1962–2012
Government debt Vamplew (1987) 1854–1982
Commonwealth Treasury 1911–1982
Australian Government budget papers 1971–2013
Australian Office of Financial Management (AOFM) 1983–2013
Resident population and overseas migration ABS Cat Nos 3101.0 and 3105.0.65.001 1870–2013
Table B3: Data Sources – Real Commodity Prices Data
Series Data sources Sample
Gold http://www.onlygold.com/ 1900–1919
Bloomberg 1920–2012
Crude oil Global Financial Data (GFD) – West Texas Intermediate (WTI) 1900–2002
Bloomberg – Brent 2003–2012
Iron ore US Geological Survey (USGS) 1901–1965
Australia Bureau of Agricultural and Research Economics (ABARE) – Australia contract price 1966–2009
 
Bloomberg 2010–2012
Coal Gillitzer and Kearns (2005) 1901–2003
ABS (by request)(c) 2004–2012
Wool Butlin NG (1962) 1900
ABS Cat No 1301.0 1901–1951
ABARE 1952–1999
Landmark 2000–2012
Base metals(a) Pfaffenzeller, Newbold and Rayner (2007) 1900–2003
IMF Primary Commodity Prices 2004–2012
Food(b) Pfaffenzeller et al (2007) 1900–2003
IMF Primary Commodity Prices 2004–2012
US GDP deflator GFD 1900–1959
US Bureau of Economic Analysis 1960–2012
Notes: (a) Geometric average of the prices for aluminium, copper, lead, nickel, tin and zinc
(b) Geometric average of the prices for banana, beef, cocoa, coffee, lamb, maize, palm oil, rice, sugar, tea and wheat
(c) Average of thermal coal and coking coal prices