This paper presents a long-run analysis of an industrial branch in Europe's periphery. It examines how the Swedish iron and steel industry reacted to the strains of increasing competition on world markets which affected the branch between 1870 and 1940. The first part of the paper presents a...

This paper would like to analyse how Swedish iron and steel entrepreneurs reacted to the strains of increasing competition on world markets which affected the industry between 1870 and 1940. It implicitly searches for readjustments taken by the sector as a whole in order to increase...