Where Was the Wealth of the Nation? Measuring Swedish Capital for the 19th and 20th Centuries
This report presents estimates of the Swedish national wealth from 1830 to 2010. This contributes to economic historical research on structural change and growth, while it also supplements debates on the composition of wealth and incomes across countries. The report also includes for the first time a historical estimate of the Consumer Rate Interest CRI and an estimate of wealth based on surveys and insurance data. The report includes an extensive description and documentation of the historical estimates. The main findings are that the proportion of intangible capital grew before modern economic growth was achieved in Sweden during the 1890’s. Secondly, we show that the proportion of natural assets fell prior to and during the industrialization, while the share of produced capital has fluctuated, but has remained fairly stable over the period as a whole.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Paul Romer, 1989.
"Endogenous Technological Change,"
NBER Working Papers
3210, National Bureau of Economic Research, Inc.
- Kirk Hamilton & John Hartwick, 2005. "Investing exhaustible resource rents and the path of consumption," Canadian Journal of Economics, Canadian Economics Association, vol. 38(2), pages 615-621, May.
- Ögren, Anders, 2009.
"Financial revolution and economic modernisation in Sweden,"
Financial History Review,
Cambridge University Press, vol. 16(01), pages 47-71, April.
- Ögren, Anders, 2006. "Financial Revolution and Economic Modernization in Sweden," SSE/EFI Working Paper Series in Economics and Finance 650, Stockholm School of Economics, revised 08 Apr 2008.
- Rosés, Joan R. & Prados de la Escosura, Leandro, 2009.
"Human Capital and Economic Growth in Spain, 1850-2000,"
IFCS - Working Papers in Economic History.WH
wp09-06, Universidad Carlos III de Madrid. Instituto Figuerola.
- Prados de la Escosura, Leandro & Rosés, Joan R., 2010. "Human capital and economic growth in Spain, 1850-2000," Explorations in Economic History, Elsevier, vol. 47(4), pages 520-532, October.
- J. Bradford De Long & Lawrence H. Summers, "undated".
"Equipment Investment and Economic Growth,"
J. Bradford De Long's Working Papers
_122, University of California at Berkeley, Economics Department.
- Field, Alexander J., 2007. "The equipment hypothesis and US economic growth," Explorations in Economic History, Elsevier, vol. 44(1), pages 43-58, January.
- Abel, Andrew B & Blanchard, Olivier J, 1983.
"An Intertemporal Model of Saving and Investment,"
Econometric Society, vol. 51(3), pages 675-692, May.
- Robert J. Barro, 1988.
"Government Spending in a Simple Model of Endogenous Growth,"
NBER Working Papers
2588, National Bureau of Economic Research, Inc.
- Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
- Barro, Robert J., 1990. "Government Spending in a Simple Model of Endogeneous Growth," Scholarly Articles 3451296, Harvard University Department of Economics.
- Barro, R.J., 1988. "Government Spending In A Simple Model Of Endogenous Growth," RCER Working Papers 130, University of Rochester - Center for Economic Research (RCER).
- James Field, Alexander, 1985. "On the unimportance of machinery," Explorations in Economic History, Elsevier, vol. 22(4), pages 378-401, October.
- Giuseppe Folloni & Giorgio Vittadini, 2010. "Human Capital Measurement: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 24(2), pages 248-279, 04.
- Hamilton, Kirk, 1994. "Green adjustments to GDP," Resources Policy, Elsevier, vol. 20(3), pages 155-168, September.
- Jakob B. Madsen, 2009.
"Growth And Capital Deepening Since 1870: Is It All Technological Progress?,"
Monash Economics Working Papers
10-09, Monash University, Department of Economics.
- Madsen, Jakob B., 2010. "Growth and capital deepening since 1870: Is it all technological progress?," Journal of Macroeconomics, Elsevier, vol. 32(2), pages 641-656, June.
- repec:cor:louvrp:-2063 is not listed on IDEAS
When requesting a correction, please mention this item's handle: RePEc:hhs:slucer:2014_001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mona Bonta Bergman)
If references are entirely missing, you can add them using this form.