ABSTRACT

This article constructs long-span time series indices on wages in Denmark and explores the growth in living standards in the pre-industrial era. There were several persistent upward and downward trends in real annual earnings from 1500 to 1820, but no clear upward long-term trend. This finding seems hard to reconcile with Maddison's figure for the average annual growth in real GDP per capita in Denmark (0.17%) over the same period. This is the case, even if the growth rate in pre-industrial annual earnings is underestimated by 0.05%–0.06% per annum due to an increased number of working days.

中文翻译：

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中世纪后期以来丹麦实际工资的趋势

摘要

本文构建了丹麦工资的大跨度时间序列指数，并探讨了前工业化时代生活水平的增长。从1500年到1820年，实际年收入有几种持续的上升和下降趋势，但长期趋势没有明显的上升趋势。这一发现似乎很难与麦迪森的数据相吻合，后者是同期丹麦的人均实际GDP年均增长（0.17％）。即使是由于工作天数增加，每年工业前年收入的增长率被低估了0.05％–0.06％，情况也是这样。