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Lithuanian economy, 1919–1940

Stagnant but resilient. The first inter-war GDP time-series estimates and their implications

Bibliographic Data

ID20379130
AuthorsAdomas Klimantas (0009-0006-0887-7909, Faculty of History, The University of Oxford, Oxford, UK, corresponding author)
Year2024
Volume72
Issue3
Pages179-207
Publication date2024-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueScandinavian Economic History Review (JOURNAL)
Journal identifiersISSN: 0358-5522 • E-ISSN: 1750-2837
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/03585522.2023.2259909
OpenAlexW4387105484
LanguageEN
Citations received7
References cited27

This paper presents the first attempt to estimate the GDP time series for inter-war Lithuania, tracking the country's annual performance from 1919 until its incorporation into the USSR in 1940, and situating Lithuania within the wider East-Central European economic landscape. The research provides robust evidence that, contrary to prior beliefs, Lithuania was a stagnant economy, resembling other newly established agricultural states such as Estonia and Poland in terms of its GDP growth rate. By 1940, Lithuania remained on the economic periphery of Europe, yet it demonstrated significant resilience during the Great Depression, with no contraction in its GDP per capita between 1929 and 1938. This paper helps fill one of the remaining gaps in Europe's historical national accounts, making it an essential resource for analysing the divergent growth patterns in East-Central Europe

Agriculture · Economics · Economy · Geography · Great Depression · Lithuanian · Macroeconomics · Per capita · Real gross domestic product · Sociology · Demography · Historical Economic and Social Studies · Historical Geopolitical and Social Dynamics

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Unique citing works7
Citations per year3,5
Citation span2024 - 2026 (3)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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