Scandinavian Working Papers in Economics
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Department of Economic History, Lund University Lund Papers in Economic History, Department of Economic History, Lund University

No 140:
New Swedish Historical National Accounts since the 16th Century in Constant and Current Prices

Lennart Schön () and Olle Krantz ()

Abstract: This Working Paper presents and discusses Swedish Historical National Accounts back to 1560 in both current and constant prices. With current prices, this paper provides a major extension of our prior WP 123. It also presents some revisions and additions to earlier data. The main result from the earlier paper of a long secular cycle with troughs around 1600 and 1800 and a peak around 1700 still holds, but there are new aspects on long term development and structural changes from the analysis of both current and constant prices. Thus, the position of agriculture in the late 17th century looks even bleaker in current than in constant prices.

Keywords: historical national accounts; deflating; economic growth; demand approach; (follow links to similar papers)

JEL-Codes: N01; N13; N14; (follow links to similar papers)

31 pages, November 19, 2015

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