Two Centuries of Economic Growth: Norwegian GDP 1816-2020

31 Pages Posted: 29 Jun 2020

See all articles by Ola Honningdal Grytten

Ola Honningdal Grytten

Institutt for samfunnsøkonomi / Department of Economics Norges Handelshøyskole / Norwegian School of Economics

Date Written: June 22, 2020

Abstract

Existing historical GDP series for Norway do not always coincide with our historical knowledge of the economic development. This is to a large extent a result of lack of calculations from the production side and in addition to insufficient data sets upon which these series rest. The present paper offers new knowledge of historical national accounting in Norway in several ways. Firstly, a new and novel set of annual gross domestic product series by industry are presented for the period 1816-2019. Secondly, the new estimations suggest revision of the long-run GDP series. Thirdly, this implies it is necessary to revise our understanding of parts of Norwegian economic history.

Keywords: Historical national accounting, national accounts, industrial development, Norwegian economic history.

JEL Classification: L6, L7, L8, L9, N3, N13, N14, O11, O14, O16.

Suggested Citation

Grytten, Ola Honningdal, Two Centuries of Economic Growth: Norwegian GDP 1816-2020 (June 22, 2020). NHH Dept. of Economics Discussion Paper No. 10/2020, Available at SSRN: https://ssrn.com/abstract=3632902 or http://dx.doi.org/10.2139/ssrn.3632902

Ola Honningdal Grytten (Contact Author)

Institutt for samfunnsøkonomi / Department of Economics Norges Handelshøyskole / Norwegian School of Economics ( email )

Helleveien 30
N-5035 Bergen
Norway

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