Where Was the Wealth of the Nation? Measuring Swedish Capital for the 19th and 20th Centuries

Magnus Lindmark () and Lars Fredrik Andersson ()
Additional contact information
Magnus Lindmark: CERE, Umeå University, http://www.cere.se
Lars Fredrik Andersson: CERE, Umeå University, http://www.cere.se

No 2014:1, CERE Working Papers from CERE - the Center for Environmental and Resource Economics

Abstract: 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.

Keywords: capital stocks; national wealth; Historical national accounts; Sweden; Economic history (search for similar items in EconPapers)
JEL-codes: N00 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2014-01-13
New Economics Papers: this item is included in nep-gro, nep-his and nep-ias
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.cere.se/documents/wp/2014/CERE_WP2014-1.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.cere.se/documents/wp/2014/CERE_WP2014-1.pdf [301 Moved Permanently]--> https://www.cere.se/documents/wp/2014/CERE_WP2014-1.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:slucer:2014_001

Access Statistics for this paper

More papers in CERE Working Papers from CERE - the Center for Environmental and Resource Economics
Bibliographic data for series maintained by Mona Bonta Bergman ().