Structural Change in the Swedish economy in the late nineteenth and early twentieth century – The role of import substitution and export demand
The paper presents input-output tables for the Swedish economy for 1885, 1898 and 1913. These tables are used to explore structural change and to decompose Swedish economic growth in 1885–1898 and 1898–1913 into different demand sources: exports, import substitution and home market growth. While the 1890’s was a decade of import substitution export demand was always important and a much more important source of demand growth than import substitution after the turn of the century 1900
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