Eli Filip Heckscher

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Heckscher, Eli Filip


Born Nov. 24, 1879, in Stockholm; died there, Dec. 23, 1952. Swedish historian and economist.

From 1909 to 1944, Heckscher was a professor of political economy and economic history at the Stockholm School of Economics, and from 1929 to 1949 he directed the Institute of Economic History in Stockholm. Heckscher’s works represented the first steps toward the systematic study of the economic history of Sweden and constituted an important stage in the development of Swedish historiography. Hekscher’s study Mercantilism was translated into a number of European languages and provoked much discussion among economic historians in many countries during the 1930’s, 1940’s, and 1950’s.


Merkantilismen, vols. 1–2. Stockholm, 1931.
Sveriges ekonomiska historia från Gustav Vasa, vols. 1–2. Stockholm, 1935–49.
Industrialismen, 4th ed. Stockholm [1948].


Kan, A. S. “E. F. Kheksher kak istorik.” In Skandinavskii sbornik, vol. 4. Tallinn, 1959.
References in periodicals archive ?
In the early 20th century, two Swedish economists, Eli Heckscher and Bertil Ohlin, first presented the so-called Heckscher-Ohlin model.
The theory of comparative advantage and its contemporary extensions (by economists such as Eli Heckscher and Bertil Ohlin) suggest that poor countries will specialize in the production of labor-intensive goods precisely because their wages (and other working conditions) are low enough to compensate for their generally bad labor productivity.
Knut Wicksell, Gustav Cassel, Eli Heckscher, Bertil Ohlin, and Gunnar Myrdal on the Role of the Economist in Public Debate.
An especially important milestone was provided by the celebrated Heckscher-Ohlin theorem, due to Eli Heckscher (1919), improved on by Bertil Ohlin (1933), further developed independently by Lerner(1953) and by Samuelson (1949, 1953).
He first covers the foreign trade paradigms of David Ricardo, explaining trade flows in terms of labor productivity, and of Eli Heckscher and Bertil Ohlin, explaining trade by differences in factor endowments, as well as the associated topics of gains from trade and distributional conflicts.
The title stresses 'fear of goods', a phrase popularised by Eli Heckscher (1931, 1955) which for him indicated the irrational approach of mercantilism as a system of economic policy to economic growth and development.
The arguments of contemporary commentators, as well as historians such as Eli Heckscher, that smuggling made these policies ineffective, are shown to be off the mark.
The famous Swedish economic historian, Eli Heckscher, has held that before trade in ice and refrigeration, a storage economy prevailed.