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Non-Balanced Growth and Kondratieff Waves in the World Economy, 1850–1913

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  • Solomou, Solomos

Abstract

During 1850–1913 the growth of the world economy was not steady. The observed variations are described with the phrase “G-waves.” In contrast to Kondratieff long waves, G-waves lack a regular periodicity and amplitude.

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  • Solomou, Solomos, 1986. "Non-Balanced Growth and Kondratieff Waves in the World Economy, 1850–1913," The Journal of Economic History, Cambridge University Press, vol. 46(1), pages 165-169, March.
    • Handle: RePEc:cup:jechis:v:46:y:1986:i:01:p:165-169_04
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    Cited by:

    1. de la Croix, David, 2001. "Growth dynamics and education spending: The role of inherited tastes and abilities," European Economic Review, Elsevier, vol. 45(8), pages 1415-1438, August.
    2. Steven G. Cochrane & Daniel R. Vining Jr., 1988. "Population Migration in the Developed World: Some Further Comments," International Regional Science Review, , vol. 11(3), pages 277-278, December.
    3. David Croix, 2001. "Standard-of-Living Aspirations and Economic Cycles," International Economic Association Series, in: Jacques Drèze (ed.), Advances in Macroeconomic Theory, chapter 13, pages 255-282, Palgrave Macmillan.

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