Long Wave Theory


Long Wave Theory
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The Kondratieff Waves


The Kondratieff Waves
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Author : Nathan Mager
language : en
Publisher: Praeger
Release Date : 1987

The Kondratieff Waves written by Nathan Mager and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.


A study of the Kondatieff Wave Theory in light of current evidence and experience. The book is aimed at anyone interested in general economic history, economic theory and business cycles, and Kondratieff cultists.



New Findings In Long Wave Research


New Findings In Long Wave Research
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Author : Alfred Klienknecht
language : en
Publisher: Springer
Release Date : 1993-02-12

New Findings In Long Wave Research written by Alfred Klienknecht and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-02-12 with Business & Economics categories.


This book presents new methods for the analysis of time series and the identification of long waves. In Part One it is shown that new time series analyses confirm the existence of Kondratieff long waves in economic growth for the 19th and 20th centuries. Part Two presents evidence on long waves in aggregate profit rates for selected major industrialized countries. Part Three covers theoretical discussions and attempts at modeling social, economic and technological factors in long waves.



Economic Long Wave


Economic Long Wave
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Author : JOHN D. STERMAN
language : en
Publisher:
Release Date : 2018

Economic Long Wave written by JOHN D. STERMAN and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.




The Economic Long Wave


The Economic Long Wave
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Author : John D. Sterman
language : en
Publisher: Forgotten Books
Release Date : 2015-06-25

The Economic Long Wave written by John D. Sterman and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-25 with Business & Economics categories.


Excerpt from The Economic Long Wave: Theory and Evidence The economic crisis of the 1980s has revived interest in the economic long wave or Kondratiev cycle. Since 1975 the System Dynamics National Model has been the vehicle for the development or a dynamic, endogenous, integrated theory or the econonic long wave. This paper describes the integrated theory that has now emerged from extensive analysis of the full National Model and from staple models. Simulations of the nodel are presented to show the wide range of empirical evidence accounted for by the model, including many of the symptoms of the present economic crisis. In particular, the theory suggests the long wave arises from the interaction of two fundamental facets of modern industrial economies. First, the existence of physical lags in the economy, information limitations, and bounded rationality in economic decisionmaking creates the potential for oscillatory behavior. For example, the physical lags In capital acquisition coupled with locally rational decision rules governing production and investment create the potential for highly damped fluctuations in capital investment with a period of roughly twenty years. In isolation, these oscillatory structures are stable and do not produce a long wave. However, a wide range of self-reinforcing processes exist which amplify the inherent oscillatory tendencies of the economy, leading to the long wave. A large number of these self-reinforcing processes have been identified. These processes involve many sectors of the economy including capital investment, labor markets and workforce participation, real Interest rates, inflation, debt, savings and consumption, and international trade. The paper discusses the relative strengths of these mechanisms and the amplification of the long wave through their interactions. The linkages or the long wave theory to innovation, technological progress, social innovation, and political value change are discussed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.



The Long Waves In Economic Life


The Long Waves In Economic Life
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Author : Nikolai D. Kondratieff
language : en
Publisher: Ravenio Books
Release Date : 1978

The Long Waves In Economic Life written by Nikolai D. Kondratieff and has been published by Ravenio Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.


THE idea that the dynamics of economic life in the capitalistic social order is not of a simple and linear but rather of a complex and cyclical character is nowadays generally recognized. Science, however, has fallen far short of clarifying the nature and the types of these cyclical, wave-like movements. When in economics we speak of cycles, we generally mean seven to eleven year business cycles. But these seven to eleven year movements are obviously not the only type of economic cycles. The dynamics of economic life is in reality more complicated. In addition to the above-mentioned cycles, which we shall agree to call “intermediate,” the existence of still shorter waves of about three and one-half years’ length has recently been shown to be probable. But that is not all. There is, indeed, reason to assume the existence of long waves of an average length of about 50 years in the capitalistic economy, a fact which still further complicates the problem of economic dynamics.



The Long Wave In Economic Life


The Long Wave In Economic Life
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Author : J.J. Van Duijn
language : en
Publisher: Routledge
Release Date : 2013-11-05

The Long Wave In Economic Life written by J.J. Van Duijn and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-05 with Business & Economics categories.


Of all fluctuations in economic activity, the long wave or Kondratieff cycle is easily the most puzzling and least understood one. Does it really exist, and if so, is it only a cycle in prices or a cycle in economic activity at large? What causes it, and has it been confined to Europe or does it affect the world economy as a whole? These questions, which seemed of little relevance in the prosperous years of the postwar growth era, have gained new importance since 1973. With the downturn of the long wave, interest in it has enjoyed a revival, as it did in the 1930s. A great number of publications on the long wave have appeared since 1973, many of which have added to our insight of what causes the recurrent alternations of growth acceleration and retardation. This book is the first in the English language in which all important long wave theories, old as well as recent, are brought together. It focuses on the long wave as an international phenomenon, affecting all industrialised countries. It contains new theory as well as empirical evidence and in the final section suggests a number of policy recommendations to generate innovation. This book offers an interpretation of long-term economic development different from those commonly found in the literature. It will be of interest to students and scholars of the economics of growth and change, as well as to economic historians and policy-makers. This book was first published in 1983.



The Long Wave In The World Economy


The Long Wave In The World Economy
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Author : Andrew Tylecote
language : en
Publisher: Routledge
Release Date : 2013-09-13

The Long Wave In The World Economy written by Andrew Tylecote and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-13 with Business & Economics categories.


Long waves are cycles of some fifty years duration in which a period of rapid expansion is followed by one of slow growth of stagnation. This book provides a critical examination of long wave theory and an original explanation of long fluctuations which is highly relevant to the current crisis in the world economy.



The Economic Long Wave


The Economic Long Wave
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Author : John Sterman
language : en
Publisher: Legare Street Press
Release Date : 2022-10-27

The Economic Long Wave written by John Sterman and has been published by Legare Street Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-27 with categories.


This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.



The Long Wave In Economic Life


The Long Wave In Economic Life
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Author : J.J. Van Duijn
language : en
Publisher: Routledge
Release Date : 2013-11-05

The Long Wave In Economic Life written by J.J. Van Duijn and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-05 with Business & Economics categories.


Of all fluctuations in economic activity, the long wave or Kondratieff cycle is easily the most puzzling and least understood one. Does it really exist, and if so, is it only a cycle in prices or a cycle in economic activity at large? What causes it, and has it been confined to Europe or does it affect the world economy as a whole? These questions, which seemed of little relevance in the prosperous years of the postwar growth era, have gained new importance since 1973. With the downturn of the long wave, interest in it has enjoyed a revival, as it did in the 1930s. A great number of publications on the long wave have appeared since 1973, many of which have added to our insight of what causes the recurrent alternations of growth acceleration and retardation. This book is the first in the English language in which all important long wave theories, old as well as recent, are brought together. It focuses on the long wave as an international phenomenon, affecting all industrialised countries. It contains new theory as well as empirical evidence and in the final section suggests a number of policy recommendations to generate innovation. This book offers an interpretation of long-term economic development different from those commonly found in the literature. It will be of interest to students and scholars of the economics of growth and change, as well as to economic historians and policy-makers. This book was first published in 1983.



The Sixth Kondratieff


The Sixth Kondratieff
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Author : Leo Nefiodow
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-04-19

The Sixth Kondratieff written by Leo Nefiodow and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-19 with categories.


What are the major new growth markets of the future? Why do groundbreaking innovations - like the computer, the automobile or the steam engine in the past - increasingly fail to materialize? What are the current growth barriers that hinder the further development of economy and society? The reader will find answers to these questions in this book. The Theory of Long Waves serves as a scientific foundation. In short, it states that economic and social development is significantly determined by periodic cycles that last between 40 and 60 years. In honor of their discoverer Nikolai Kondratieff, these long waves are called Kondratieff cycles. Since the late 18th century, economists have empirically proven five Kondratieff cycles. The long waves have a particularly strategic role: those, who identify the respective current Kondratieff cycle early on are able to focus on the future, to take the lead in economic and social development and benefit the most from its momentum - just like the leading command of information technology during the last, the fifth Kondratieff cycle made full employment and increasing wealth possible for these countries. The sixth Kondratieff cycle has begun with the turn of this century. As the analyses in this book show, health care will be the driving force of this new Kondratieff cycle. However, health is not just seen in a physical, but also in a holistic sense, encompassing the physical, psychological, mental, psycho-mental, social, ecological and spiritual aspects. Why are health expenditures that were previously considered a mere cost factor going to assume the role of a growth locomotive in the future? We need to recall the findings of modern growth theory here: the most important source for economic growth in developed countries is productivity advancements. The analyses in this book show that a new understanding of health is indispensable to improve productivity on all levels of the economy and society. Thanks to this new understanding, health will become a strategic weapon for the next decades. This book is tailored to a general audience, includes 76 graphics and 13 tables and is aimed at stakeholders in economy and society, experts and managers and all those, who are interested in the future. Aside from a profound analysis, the book also describes measures to develop the sixth Kondratieff.