Non-Balanced Growth and Kondratieff Waves in the World Economy, 1850–1913

Solomos Solomou

The Journal of Economic History, 1986, vol. 46, issue 1, 165-169

Abstract: During 1850–1913 the growth of the world economy was not steady. The observed variations are described with the phrase “G-waves.” In contrast to Kondratieff long waves, G-waves lack a regular periodicity and amplitude.

Date: 1986
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