Publication: Swedish regional GDP 1855-2000 : estimations and general trends in the Swedish regional system
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2010-03
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Abstract
This paper uses a method devised by Geary and Stark to estimate regional
GDPs for 24 Swedish provinces 1855-2007. In empirical tests, we find that
the Swedish estimations yield results of good precision, comparable to those
reported in the international literature. From the literature, we generate six
expectations concerning the development of regional GDPs in Sweden. Using
the GDP estimations, we test these expectations empirically. We find that the
historical regional GDPs show a high correlation over time, but that the early
industrialization process co-evolved with a dramatic redistribution of
productive capacity. We show that the regional inequalities in GDP per capita
were at their lowest point in modern history in the early 1980s. However,
while efficiency in the regional system has never been as equal, absolute
regional differences in scale of production has increased dramatically over our
investigated period. This process has especially benefited the metropolitan
provinces. We also sketch a research agenda from our results.
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Industrialization, Regional inequality, Regional income, Economic growth