Data for: Economic growth and the transition from traditional to modern energy in Sweden

Abstract of associated article: We examine the role of substitution from traditional to modern energy carriers and of differential rates of innovation in the use of each of these in economic growth in Sweden from 1850 to 1950. We use a simple growth model with a nested CES production function and exogenous factor-augmenting technological change and carry out a counterfactual simulation based on the econometric results. Even though the rate of technical change was higher for modern energy, innovation in the use of traditional energy carriers contributed more to growth between 1850 and 1890, since the cost share of traditional energy was so much larger than that of modern energy in that period. However, after 1890 we find that modern energy contributed much more to economic growth than traditional energy, but, increasingly, labor-augmenting technological change became the most important single driver of growth.关联论文摘要：本研究考察了1850年至1950年间瑞典经济增长中，传统能源载体向现代能源载体的替代效应，以及两类能源各自使用过程中的差异化创新速率所发挥的作用。本研究采用包含嵌套不变替代弹性（CES）生产函数与外生要素增进型技术变革的简化增长模型，并基于计量经济学结果开展反事实模拟。尽管现代能源的技术变革速率更高，但在1850至1890年间，传统能源载体使用环节的创新对经济增长的贡献更为显著，这是因为该时期传统能源的成本占比远高于现代能源。然而在1890年之后，现代能源对经济增长的贡献显著超越传统能源，但劳动增进型技术变革逐渐成为经济增长最核心的单一驱动因素。