Harvests, prices and population in early modern Sweden
Today, one of the greatest challenges facing macroeconomic history is to quantify economic growth in the early modern period. This paper presents and discusses a series of total and per capita harvest production in Sweden within present borders for the period 1665-1820. The series is based on three main indices: grain prices, subjective harvest assessments and tithes. To calculate per capita production the size of population must be known. In this paper, population growth in Sweden during the 17th century is revised downwards compared to recent studies. The basic finding is that per capita harvests stagnated during the studied period. The annual fluctuations were substantial. Another finding is that, in the short-run, grain prices were more affected by domestic harvests than foreign prices.
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|Date of creation:||11 Aug 2008|
|Date of revision:|
|Publication status:||Published in Scandinavian Economic History Review, 2009, pages 2-25.|
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Web page: http://www.ekohist.su.se/
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- Edvinsson, Rodney, 2005. "Annual Estimates of Swedish GDP in 1720-1800," Ratio Working Papers 70, The Ratio Institute.
- Maddison, Angus, 2007. "Contours of the World Economy 1-2030 AD: Essays in Macro-Economic History," OUP Catalogue, Oxford University Press, number 9780199227204.
- Robert W. Fogel, 1989. "Second Thoughts on the European Escape from Hunger: Famines, Price Elasticities, Entitlements, Chronic Malnutrition, and Mortality Rates," NBER Historical Working Papers 0001, National Bureau of Economic Research, Inc.
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