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Assessing trade in the mercantilist era: evidence from a new database on foreign trade of Sweden – Finland, 1738–1805
Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutionen för ekonomisk historia och internationella relationer. Swedish Collegium for Advanced Study (SCAS), Sweden.
Stockholms universitet, Samhällsvetenskapliga fakulteten, Institutionen för ekonomisk historia och internationella relationer.
2018 (engelsk)Inngår i: Scandinavian Economic History Review, ISSN 0358-5522, E-ISSN 1750-2837, Vol. 66, nr 3, s. 226-245Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

This paper presents a newly constructed database on foreign trade of Sweden–Finland 1738–1805, consisting of all exports and imports that were recorded by the custom houses in this period, and is made available at www.historia.se/Swedish foreign trade 1738_1805.xlsx. The traditional view as presented by Eli Heckscher, who was very critical of the mercantilist policies of the time, was that the overseas trade of Sweden-Finland saw a trend of secular stagnation during the course of the eighteenth century. By contrast, we show that in conjunction with a substantial expansion of the population, total trade nearly increased twofold during the period of study. Despite that, there was a small decrease in the value of exports in relation to GDP, mostly explained by a drop in the relative price of bar iron. The degree of specialisation of Swedish exports saw a declining tendency in this period. While exports from Sweden had a higher degree of specialisation than Finnish exports, imported goods to Finland were more concentrated than Swedish imports. Lastly, the composition of imports did not markedly alter, meaning that a consumer revolution did not take place in either Sweden or Finland.

sted, utgiver, år, opplag, sider
2018. Vol. 66, nr 3, s. 226-245
Emneord [en]
Trade, economic nationalism, economic development, economic history, Sweden, Finland
HSV kategori
Forskningsprogram
ekonomisk historia
Identifikatorer
URN: urn:nbn:se:su:diva-164849DOI: 10.1080/03585522.2018.1516234ISI: 000457591600002OAI: oai:DiVA.org:su-164849DiVA, id: diva2:1280521
Tilgjengelig fra: 2019-01-19 Laget: 2019-01-19 Sist oppdatert: 2019-03-04bibliografisk kontrollert

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