Economic and Business Review (Dec 2018)

Merjenje dolgoročnega BDP Per Capita Slovenije, 1820-2016

  • Rok Spruk

DOI
https://doi.org/10.15458/85451.76
Journal volume & issue
Vol. 20, no. 4

Abstract

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In this paper, I estimate the real GDP per capita of Slovenia for the period 1820-2016 using the indirect method based on existing national accounts and proxy variables. The results confirm the pattern of slow industrialization until 1913, stationary growth dynamics in the interwar period and during the civil war, rapid industrialization after 1952, a steep decline in the period 1986-1992 and a rapid growth in the independence era. The estimates suggest that Slovenia achieved a short-lived per capita income parity with Austria and West Germany in early 1980s which still has not been recovered down to the present day. In the post-WW2 era, Slovenia sustained higher per capita GDP than Vishegrad country group and Mediterranean countries in Southern Europe.

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