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The impact of the great emigration on the Swedish economy

Ljungberg, Jonas LU orcid (1997) In Scandinavian Economic History Review 45(2). p.159-189
Abstract
In the half-century before 1914 wages in Sweden advanced from below the West European average to being at a level with those in Britain. This remarkable record has seldom been addressed, but the very rapid concurrent Swedish economic growth is well known. The present article argues that the increase in wages was not only due to industrialisation, but that another major factor was the trans-Atlantic emigration, which drained the supply of labour. Central to the argument is that this effect of emigration interacted with. a structural change within the Swedish economy. The traditional export industries faced stiffening competition, and could not afford the higher wages. But the newly emerging branches of industry relied on modern technology,... (More)
In the half-century before 1914 wages in Sweden advanced from below the West European average to being at a level with those in Britain. This remarkable record has seldom been addressed, but the very rapid concurrent Swedish economic growth is well known. The present article argues that the increase in wages was not only due to industrialisation, but that another major factor was the trans-Atlantic emigration, which drained the supply of labour. Central to the argument is that this effect of emigration interacted with. a structural change within the Swedish economy. The traditional export industries faced stiffening competition, and could not afford the higher wages. But the newly emerging branches of industry relied on modern technology, could pay their workers more, and grew. The article explores factors of demand and supply in the Swedish labour market, and on the basis ofd~ta at the county level the emigration elasticity of growth in daywages is estimated. A tentative counterfactual case confirms that emigration was a major factor in the elevation of wages in Sweden. (Less)
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author
organization
alternative title
Emigrationens påverkan på Sveriges ekonomi
publishing date
type
Contribution to journal
publication status
published
subject
in
Scandinavian Economic History Review
volume
45
issue
2
pages
31 pages
publisher
Routledge
external identifiers
  • scopus:0031433186
ISSN
1750-2837
DOI
10.1080/03585522.1997.10414666
language
English
LU publication?
yes
id
1aa2c511-de0f-4a2d-8b1b-9f2452a72f74
date added to LUP
2024-02-07 12:19:50
date last changed
2024-02-08 04:04:02
@article{1aa2c511-de0f-4a2d-8b1b-9f2452a72f74,
  abstract     = {{In the half-century before 1914 wages in Sweden advanced from below the West European average to being at a level with those in Britain. This remarkable record has seldom been addressed, but the very rapid concurrent Swedish economic growth is well known. The present article argues that the increase in wages was not only due to industrialisation, but that another major factor was the trans-Atlantic emigration, which drained the supply of labour. Central to the argument is that this effect of emigration interacted with. a structural change within the Swedish economy. The traditional export industries faced stiffening competition, and could not afford the higher wages. But the newly emerging branches of industry relied on modern technology, could pay their workers more, and grew. The article explores factors of demand and supply in the Swedish labour market, and on the basis ofd~ta at the county level the emigration elasticity of growth in daywages is estimated. A tentative counterfactual case confirms that emigration was a major factor in the elevation of wages in Sweden.}},
  author       = {{Ljungberg, Jonas}},
  issn         = {{1750-2837}},
  language     = {{eng}},
  month        = {{05}},
  number       = {{2}},
  pages        = {{159--189}},
  publisher    = {{Routledge}},
  series       = {{Scandinavian Economic History Review}},
  title        = {{The impact of the great emigration on the Swedish economy}},
  url          = {{http://dx.doi.org/10.1080/03585522.1997.10414666}},
  doi          = {{10.1080/03585522.1997.10414666}},
  volume       = {{45}},
  year         = {{1997}},
}