With the economic problems facing Western economics during the last
decade, theories about an alleged forty-five to sixty years'
pulsation in economic life (the Kondratieff-Schumpeter cycle) have
experienced a remarkable renaissance. Based on a new econometric
test method, the author argues that long waves can be identified
not only in price series but also in the aggregate output of a
number of key industrialized countries. The author's own research
corroborates Schumpeter's hypothesis that, far from being caused by
a flash of genius, radical innovations occur in clusters,
interacting with economic fluctuations and social change.
General
Imprint: |
Palgrave Macmillan
|
Country of origin: |
United Kingdom |
Release date: |
February 1987 |
First published: |
1987 |
Authors: |
A. Kleinknecht
|
Dimensions: |
216 x 140 x 30mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
235 |
ISBN-13: |
978-0-333-40745-5 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
0-333-40745-8 |
Barcode: |
9780333407455 |
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