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Long Waves in Profit Rates in Four Countries

Andrey V. Poletayev

Chapter 6 in New Findings in Long-Wave Research, 1992, pp 151-173 from Palgrave Macmillan

Abstract: Abstract At the present moment we have many different concepts of long waves, and the diversities among them seem to be very substantial. Some authors view these different concepts and theories as competing ones. Others believe (and I share this opinion) that existing concepts are more complementary than competitive and, furthermore, that we can find common elements among the main approaches. For example, according to Kleinknecht (1987, p. 206), one such element is the innovation process.

Keywords: Interest Rate; Business Cycle; Capital Stock; National Income; Intermediate Input (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-22450-0_6

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