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Short-Term Economic Fluctuations and the Swedish Timber Industry, 1850–1900*

Published online by Cambridge University Press:  03 February 2011

E. F. Söderlund
E. F. Söderlund
Affiliation:
Economic History Institute, Stockholm
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Extract

The influence that short-time economic fluctuations in western Europe presumably had on the development of the Swedish timber trade during the latter half of the nineteenth century must, to an American audience, seem to be a rather specialized subject, and I think a few introductory words giving a background might be useful.

Type
Articles
Information
The Journal of Economic History , Volume 13 , Issue 4 , Fall 1953 , pp. 388 - 397
Copyright
Copyright © The Economic History Association 1953

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References

1 One standard, that is, one Petersburg standard hundred, is equal to 165 English cubic feet of sawn or 150 feet of hewn timber; originally 120 boards, 12 feet long, 11 inches wide, and 1½ inches thick; 120 pieces of timber used to be called “one great hundred”.

2 It must be borne in mind, however, that factors othir than the structural changes mentioned above must have contributed to lacilitating the attainment of a higher degree of elasticity of output, one of the most important probably being the fact that, due to a general improvement of sawmilling and transporting technique, the periods of production could be shortened.