The Asymmetric path of Economic Long Waves

被引:34
|
作者
Coccia, Mario [1 ]
机构
[1] Coll Carlo Alberto, Natl Res Council Italy, CERIS CNR, Inst Econ Res Firm & Growth, I-10024 Moncalieri, Torino, Italy
关键词
Long Waves; Kondratieff Waves; Asymmetry; Business cycles; Contraction-compression; BUSINESS CYCLES; TECHNOLOGICAL TRANSFORMATIONS; PERSPECTIVE;
D O I
10.1016/j.techfore.2010.02.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this paper is to analyze the pattern and behavior of Economic Long Waves over time, using the long-wave chronologies of two driving economies, the USA and the UK. The statistical evidence seems in general to support the hypothesis that Long Waves are not symmetric and their regularity is based on longer periods of upwave than downwave (contraction-skewed), which implies a negative asymmetric path of these waves over time. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码:730 / 738
页数:9
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