Phases of Economic Growth, 1850-1973: Kondratieff Waves and Kuznets Swings

ISBN-13: 9780521389044 / Angielski / Miękka / 1990 / 216 str.

Solomos Solomou

Opis

Using data from Britain, France, Germany, the United States, and the world economy between 1850 and 1973, this book presents a clear and systematic examination of the evidence for long-term patterns of economic growth. The author refutes the existence of long (Kondratieff) waves in the course of economic development, and instead presents persuasive evidence for a growth pattern characterized by episodic long swing fluctuations of twenty to thirty years, documenting and explaining these phases in a historical perspective.

Recenzje

'The author has written an important book, one in which various theories of fluctuations in economic growth are challenged with the evidence and are submitted to searching analytical and statistical scrutiny of a higher order … The arguments and findings of this stimulating book are important both for economists and economic historians, and should lead to much fruitful and detailed research. The author is to be congratulated.' The Economic History Review

Spis treści

List of figures; List of tables; Preface; Acknowledgements; 1. Perspectives on long-term economic growth variations; 2. Statistical methodology; 3. Production trends in the world economy; 4. Price trends; 5. Innovation clusters and Kondratieff waves; 6. The national aspects of Kuznets swings, 1850–1913; 7. The international aspects of Kuznets swings, 1850–1913; 8. A long-term perspective of interwar economic growth; 9. Some conclusions on the postwar boom, 1950–1973; 10. Conclusions; Notes; Bibliography; Index.