The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Long Cycles

  • John Cornwall
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1202

Abstract

For over a century many economists have maintained that the historical development of capitalist economies can be usefully described in terms of regular, re-occurring cyclical movements in overall economic activity. Depending upon the investigator, these regularities have been revealed allegedly in re-occurring 3–5 year inventory or Kitchin cycles, 7–11 year investment or Juglar cycles, 15–25 year building or Kuznets cycles and 45–60 year long-wave or Kondratieff cycles.

This is a preview of subscription content, log in to check access

Bibliography

  1. De Wolff, S. 1924. Prosperitäts- und Depressionsperioden. In Der lebendige Marxismus: Festgabe zum 70 Geburstage von Karl Kautsky, ed. O. Jensen. Jena: Thuringer Verlagsanstalt.Google Scholar
  2. Forrester, J. 1977. Growth cycles. De Economist 125(4): 525–543.CrossRefGoogle Scholar
  3. Freeman, C. 1982. The economics of industrial innovations, 2nd ed. Cambridge, MA: MIT.Google Scholar
  4. Kondratieff, N. 1926. Die langen Wellen der Konjunktur. Archiv fur Sozialwissenschaft und Sozialpolitik 56(3): 573–609.Google Scholar
  5. Mandel, E. 1964. The economics of neo-capitalism. Socialist Register 1: 56–67.Google Scholar
  6. Mensch, G. 1975. Das technologische Patt. Frankfurt an Main: Umschau Verlag.Google Scholar
  7. Parvus [Alexander Helphand]. 1901. Die Handelskrisis und die Gewerkschaften. Munich: Verlag M. Ernst.Google Scholar
  8. Rosenberg, N. 1974. Science, invention and economic growth. Economic Journal 84(333), March, 90–108.Google Scholar
  9. Schumpeter, J. 1939. Business cycles. 2 vols, New York: McGraw-Hill.Google Scholar
  10. Van Duijn, J. 1983. The long wave in economic life. London: George Allen & Unwin.Google Scholar
  11. Van Gelderen, J. [Fedder, J.] 1913, April–June. Springvloed. De Nieuwe Tijd 18, 253–277; 369–384; 445–464.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • John Cornwall
    • 1
  1. 1.