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Long Cycles in the Building Industry

Author

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  • Clarence D. Long

Abstract

Nature and coverage of the data, 372. — The statistical technique, 375. — The timing of the cycles, 377. — Comparison with general business fluctuations, 380. — Causes of the differences, 381. — The duration of long cycles, 386. — The rôle of war, 387. — Factors responsible for cycles in American building, 388. — The severity of long cycles, 391. — Causes: the acceleration principle, 393; ready-made production, 394; high proportion of rigid and direct costs, 397; profits and the rate of interest, 400. — Summary, 402.

Suggested Citation

  • Clarence D. Long, 1939. "Long Cycles in the Building Industry," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 53(3), pages 371-403.
    • Handle: RePEc:oup:qjecon:v:53:y:1939:i:3:p:371-403.
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    File URL: http://hdl.handle.net/10.2307/1884414
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    Cited by:

    1. Tom Nicholas & Anna Scherbina, 2013. "Real Estate Prices During the Roaring Twenties and the Great Depression," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 41(2), pages 278-309, June.

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