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Extended Right to Vote Kick-started the Economic Development in Sweden

2017-11 IFN Newsletter No. 2, 2017

Author(s): Björn Tyrefors Hinnerich

Extended Right to Vote Kick-started the Economic Development in Sweden Björn Tyrefors Hinnerich

How important are political rules for economic growth? Recent work at the Research Institute of Industrial Economics supports theories that changes in political institutions can be key determinants of economic institutions and growth.

Björn Tyrefors Hinnerich, Erik Lindgren and Per Pettersson-Lidbom examined the impact of Sweden’s 1862 suffrage reform, which extended the voting rights of industrialists. Using a unique data set they found that the reform was a key factor in Sweden’s growth miracle because it gave industrialists more political clout, kick-starting the process.

 


Reference:

Tyrefors Hinnerich, Björn (2017), "Extended Right to Vote Kick-started the Economic Development in Sweden". IFN Newsletter No. 2, 2017.

Björn Tyrefors

Contact

Ph: +46 8 665 4521
bjorn.tyrefors@ifn.se

Interdisciplinary European Studies

The European Union and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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