A. Net rate of increase in total tonnage, I O , t ons (sailing tons counted for one third).B. Net rate of increase in total British tonnage entered, million tons.C. Rate of increase in " transport index," indicating ton-miles of transport for chief sea transport commodities (cereals, coal, wood, oil, nitrate).Taken from De Nednlandschc Conjunctuur, March, 1934).Chart 5.----GENEIULACTIVITY, UNITEDKINGDOM. A. Consumption of pig iron, percentage deviations from trend (nine-year moving average) ; taken account of pig iron in steel, of changes in stocks and after deduction of iron in exports.B. Rate of increase in industrial production (0, corrected figures, cf.chart 3, two-year moving averages) ; H o h n n ' s index.C. Non-labour income, deviations from trend (Stamp's figures for taxed income).C b ~t ~.-&ENE&U GERUNY. ACTIVITY,A. Consumption of pig iron, percentage deviations from nine-year moving average, two-year moving average; taken account of iron in steel and after deduction of iron in exports. B.Percentage rate of increase in industrial consumers' goods production (0, corrected figures, cf.chart 3, two-year moving averages).C. Percentage rate of increase in total industrial production, corrected figures, cf.chart 3. D. Dividends of all societies, percentage of capital, deviations from nine-year moving average.
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J. Tinbergen (1938) studied this question.