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Revising growth history: new estimates of GDP for Norway, 1816–2019†
The Economic History Review ( IF 2.487 ) Pub Date : 2021-07-08 , DOI: 10.1111/ehr.13085
Ola Honningdal Grytten 1
Affiliation  

This article offers revised historical national accounts for Norway for the period 1816–2019. The revisions have been carried out on both the production side and the expenditure side. The major difference is that the new series include a significantly broader set of data than the previous series. This makes it possible to calculate GDP for a wider set of industries with more detailed and precise data, in a way that is more in line with modern national accounting methodology. The new series deviate at some points from the previous series. In particular, they show higher growth rates during the last half of the nineteenth century until 1906 and lower growth rates from 1918 to 1930. This is basically due to improved quality of deflators and partly due to the extended use of a double deflation technique. The revised output and input figures play a less important role. In light of the revised series, parts of Norway's economic growth and development history should be revised. Comparisons with Denmark and Sweden reveal a relatively higher level of GDP per capita for Norway during the second half of the nineteenth century than according to the previous series.

中文翻译:

修订增长历史:1816-2019 年挪威 GDP 的新估计†

本文提供了 1816-2019 年期间挪威的修订历史国民账户。生产侧和支出侧都进行了修订。主要区别在于新系列包含的数据集比以前的系列要广泛得多。这使得以更符合现代国民核算方法的方式,使用更详细和精确的数据计算更广泛行业的 GDP 成为可能。新系列在某些方面与之前的系列有所不同。特别是,它们在 19 世纪下半叶至 1906 年期间表现出较高的增长率,而从 1918 年至 1930 年期间增长率较低。这主要是由于通货紧缩指数的质量提高,部分是由于双重通货紧缩技术的广泛使用。修订后的产出和投入数字所起的作用不那么重要。根据修订后的系列,应该修订挪威的部分经济增长和发展历史。与丹麦和瑞典的比较表明,19 世纪下半叶挪威的人均 GDP 水平高于之前的系列。
更新日期:2021-07-08
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