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The economic output growth of Baltic countries in 1913–1938: a quantitative cross-country comparison

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  • Zenonas Norkus

Abstract

This article surveys and appends the available quantitative research on the interwar economic growth of Baltic countries to compare gross domestic product (GDP) (in 1990 Geary–Khamis dollars) growth in Estonia, Finland, Latvia, and Lithuania between 1913 and 1938 in a broad international context. Finland’s GDP per capita recovered to the 1913 level in 1923, in Estonia recovery was complete by 1922, in Lithuania by 1924, and in Latvia by 1924–1925. By high-end estimates, the growth performance of Estonia, Latvia, and Lithuania was not weaker than Finland’s. By 1938, the GDP per capita of all Baltic countries exceeded the level of the Soviet Union with the possible exception for Lithuania.

Suggested Citation

  • Zenonas Norkus, 2019. "The economic output growth of Baltic countries in 1913–1938: a quantitative cross-country comparison," Journal of Baltic Studies, Taylor & Francis Journals, vol. 50(2), pages 183-203, April.
    • Handle: RePEc:taf:rbalxx:v:50:y:2019:i:2:p:183-203
    DOI: 10.1080/01629778.2018.1492945
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    Cited by:

    1. Jesús Fernández-Villaverde & Mark Koyama & Youhong Lin & Tuan-Hwee Sng, 2023. "The Fractured-Land Hypothesis," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(2), pages 1173-1231.
    2. Zenonas Norkus & Jurgita Markevičiūtė, 2021. "New estimation of the gross domestic product in Baltic countries in 1913–1938," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 15(3), pages 565-674, September.

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