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Swedish Historical National Accounts 1560-2010

Author

Listed:
  • Schön, Lennart

    (Department of Economic History, Lund University)

  • Krantz, Olle

    (Department of Geography and Economic History, Umeå University, Sweden)

Abstract

A comprehensive set of GDP series for Sweden with annual estimates at both aggregate and sector levels 1560-2010 is presented (Swedish Historical National Accounts of 2012). New series for the period 1560-1800 are linked to slightly revised data for 1800-2000, which are extended to 2010. The series provide a new view on Swedish long term development. While there was long term stagnation between the late sixteenth and the early nineteenth century, secular fluctuations were considerable with low points around 1600 and 1800 and with a peak around 1700. The early peak was surpassed only in the late nineteenth century. Furthermore, the revisions of the 1800-2000 series have a considerable impact upon benchmark comparisons of income levels. Thus, minor revisions of prior sector accounts for agriculture and services of dwellings, together with a major shift in deflation technique, raises the level of Swedish GDP in constant prices in the early nineteenth century by about 45 percent. The paper gives an overview of the data construction and of the revisions for the new SHNA. The paper also provides a presentation of a satellite account on unpaid domestic work. Furthermore, links to the full data set are given.

Suggested Citation

  • Schön, Lennart & Krantz, Olle, 2012. "Swedish Historical National Accounts 1560-2010," Lund Papers in Economic History 123, Lund University, Department of Economic History.
  • Handle: RePEc:hhs:luekhi:0123
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    File URL: http://www.ekh.lu.se/media/ekh/forskning/lund_papers_in_ecomonic_history/123.pdf
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    References listed on IDEAS

    as
    1. Álvarez-Nogal, Carlos & Prados De La Escosura, Leandro, 2007. "The decline of Spain (1500–1850): conjectural estimates," European Review of Economic History, Cambridge University Press, vol. 11(3), pages 319-366, December.
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    3. Rodney Edvinsson & Johan Söderberg, 2011. "A Consumer Price Index For Sweden, 1290–2008," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57(2), pages 270-292, June.
    4. Allen, Robert C., 2000. "Economic structure and agricultural productivity in Europe, 1300–1800," European Review of Economic History, Cambridge University Press, vol. 4(1), pages 1-25, April.
    5. Malanima, Paolo, 2011. "The long decline of a leading economy: GDP in central and northern Italy, 1300–1913," European Review of Economic History, Cambridge University Press, vol. 15(2), pages 169-219, August.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Niklas Potrafke & Fabian Ruthardt & Kaspar Wüthrich, 2020. "Protectionism and Economic Growth: Causal Evidence from the First Era of Globalization," CESifo Working Paper Series 8759, CESifo.
    2. Thomas Baudin & Robert Stelter, 2022. "The rural exodus and the rise of Europe," Journal of Economic Growth, Springer, vol. 27(3), pages 365-414, September.
    3. Asger Moll Wingender, 2014. "Structural transformation in the 20th century: A new database on agricultural employment around the world," Discussion Papers 14-28, University of Copenhagen. Department of Economics.
    4. Thomas Baudin & Robert Stelter, 2016. "Rural exodus and fertility at the time of industrialization," LIDAM Discussion Papers IRES 2016020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    5. Leandro Prados De La Escosura, 2016. "Economic freedom in the long run: evidence from OECD countries (1850–2007)," Economic History Review, Economic History Society, vol. 69(2), pages 435-468, May.
    6. Lazuka, Volha, 2017. "Infant health and later-life labour market outcomes : Evidence from the introduction of sulfa antibiotics in Sweden," Lund Papers in Economic History 154, Lund University, Department of Economic History.

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    More about this item

    Keywords

    historical national accounts; deflation; economic growth; demand approach;
    All these keywords.

    JEL classification:

    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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