Abstract
The adherents of Kondratieff’s long-wave theory assume the existence of fluctuations in long-term economic growth with an approximate duration of 40–60 years. However, not only the mere existence of long waves is controversial but also — if their existence is accepted — their precise timing. Despite improvements in statistical methods and the availability of richer data, different authors still achieve different and controversial results.
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© 1992 Alfred Kleinknecht, Ernest Mandel and Immanuel Wallerstein
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Metz, R. (1992). A Re-examination of Long Waves in Aggregate Production Series. In: Kleinknecht, A., Mandel, E., Wallerstein, I. (eds) New Findings in Long-Wave Research. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22450-0_4
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DOI: https://doi.org/10.1007/978-1-349-22450-0_4
Publisher Name: Palgrave Macmillan, London
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Online ISBN: 978-1-349-22450-0
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