Scandinavian Working Papers in Economics

Lund Papers in Economic History,
Lund University, Department of Economic History

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

Lennart Schön () and Olle Krantz ()
Additional contact information
Lennart Schön: Department of Economic History, Lund University, Postal: Department of Economic History, Lund University, Box 7083, S-220 07 Lund, Sweden
Olle Krantz: Department of Geography and Economic History, Umeå University, Postal: SE-901 87 Umeå, Sweden

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

JEL-codes: N01; N13; N14

31 pages, November 19, 2015

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