A Re-examination of Long Waves in Aggregate Production Series

Rainer Metz

Chapter 4 in New Findings in Long-Wave Research, 1992, pp 80-119 from Palgrave Macmillan

Abstract: 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.

Keywords: Industrial Production; Original Series; Amplitude Function; Price Series; Trend Figure (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-22450-0_4

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