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Wealth inequality in Sweden 1750–1900

Bengtsson, Erik LU ; Missiaia, Anna LU ; Olsson, Mats LU and Svensson, Patrick LU (2018) In Economic History Review 71(3). p.772-794
Abstract
This article examines the evolution of wealth inequality in Sweden from 1750 to 1900, contributing both to the debate on early modern and modern inequality and to the general debate on the pattern of inequality during industrialization. The pre‐industrial period (1750–1850) is for the first time examined for Sweden at the national level. The study uses a random sample of probate inventories from urban and rural areas across the country, adjusted for age and social class. Estimates are provided for the years 1750, 1800, 1850, and 1900. The results show a gradual growth in inequality as early as the mid‐eighteenth century, with the sharpest rise in the late nineteenth century. Whereas the early growth in inequality was connected to changes... (More)
This article examines the evolution of wealth inequality in Sweden from 1750 to 1900, contributing both to the debate on early modern and modern inequality and to the general debate on the pattern of inequality during industrialization. The pre‐industrial period (1750–1850) is for the first time examined for Sweden at the national level. The study uses a random sample of probate inventories from urban and rural areas across the country, adjusted for age and social class. Estimates are provided for the years 1750, 1800, 1850, and 1900. The results show a gradual growth in inequality as early as the mid‐eighteenth century, with the sharpest rise in the late nineteenth century. Whereas the early growth in inequality was connected to changes in the countryside and in agriculture, the later growth was related to industrialization encompassing both compositional effects and strong wealth accumulation among the richest. The level of inequality in Sweden in 1750 was lower than for other western European countries, but by 1900 Sweden was just as unequal. (Less)
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author
; ; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Economic History Review
volume
71
issue
3
pages
772 - 794
publisher
Wiley-Blackwell
external identifiers
  • scopus:85049795938
ISSN
1468-0289
DOI
10.1111/ehr.12576
project
Wages, economic performance and inequality. Scandinavia in the ‘Little Divergence’ in Europe
language
English
LU publication?
yes
id
f503cfd7-3b10-4e1a-a4e5-13d0f04f321b
date added to LUP
2017-04-20 12:49:36
date last changed
2022-04-24 23:15:00
@article{f503cfd7-3b10-4e1a-a4e5-13d0f04f321b,
  abstract     = {{This article examines the evolution of wealth inequality in Sweden from 1750 to 1900, contributing both to the debate on early modern and modern inequality and to the general debate on the pattern of inequality during industrialization. The pre‐industrial period (1750–1850) is for the first time examined for Sweden at the national level. The study uses a random sample of probate inventories from urban and rural areas across the country, adjusted for age and social class. Estimates are provided for the years 1750, 1800, 1850, and 1900. The results show a gradual growth in inequality as early as the mid‐eighteenth century, with the sharpest rise in the late nineteenth century. Whereas the early growth in inequality was connected to changes in the countryside and in agriculture, the later growth was related to industrialization encompassing both compositional effects and strong wealth accumulation among the richest. The level of inequality in Sweden in 1750 was lower than for other western European countries, but by 1900 Sweden was just as unequal.}},
  author       = {{Bengtsson, Erik and Missiaia, Anna and Olsson, Mats and Svensson, Patrick}},
  issn         = {{1468-0289}},
  language     = {{eng}},
  number       = {{3}},
  pages        = {{772--794}},
  publisher    = {{Wiley-Blackwell}},
  series       = {{Economic History Review}},
  title        = {{Wealth inequality in Sweden 1750–1900}},
  url          = {{http://dx.doi.org/10.1111/ehr.12576}},
  doi          = {{10.1111/ehr.12576}},
  volume       = {{71}},
  year         = {{2018}},
}