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New annual estimates of S wedish GDP , 1800–2010
Author(s) -
Edvinsson Rodney
Publication year - 2013
Publication title -
the economic history review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.014
H-Index - 49
eISSN - 1468-0289
pISSN - 0013-0117
DOI - 10.1111/1468-0289.12004
Subject(s) - agrarian society , scope (computer science) , yield (engineering) , agriculture , economics , economy , agricultural economics , economic history , history , archaeology , computer science , materials science , metallurgy , programming language
Although the historical national accounts of S weden are among the most detailed in the world, there is scope for improvement. This study revises previous historical estimates of S wedish GDP . Agricultural output is upgraded for the nineteenth century following recent research by S wedish agrarian historians on the underestimation of official statistics. Estimates of annual fluctuations before 1861 are significantly improved by using new sources on yield ratios of harvests. For manufacturing, home industries are added, in accordance with modern international guidelines (2008 SNA ). The study concludes that early nineteenth‐century S weden was not as poor relative to other W est E uropean countries as previously thought.