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Tekijä:Edvinsson, R.
Söderberg, J.
Otsikko:Prices and the growth of the knowledge economy in Sweden and Western Europe before the industrial revolution
Lehti:Scandinavian economic history review
2011 : VOL. 59:3, p. 250-272
Asiasana:Sweden
Western Europe
history
labour
price level
production methods
production costs
knowledge
Kieli:eng
Tiivistelmä:The article analyses the difference in the real prices of various goods and services in Sweden compared to other European countries before the Industrial Revolution. The relative price of knowledge-intensive goods such as iron, paper, salt and silver dropped due to increased productivity levels. This was caused by growing separation of labour and dispersion of knowledge. The real price of foodstuffs, however, rised, so the early modern Western Europen economy was characterised by cheap industrial goods relative to the price of food.
SCIMA tietueen numero: 275170
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