Kondratiev cycles and so-called long waves. The early research


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This paper recalls some early work of the Dutch pioneers of long-wave research which anticipated many of the contemporary debates. Various explanations which have been advanced for the existence of long waves are reviewed, and the applicability of long-wave theories in a number of contexts is examined. Also published in: Christopher Freeman (Ed.), Long Wave Theory. International Library of Critical Writings in Economics Vol.69, Elgar Publishers, Cheltenham, 1996, pp. 68-73 Original title: De Zogenaamde Lange Golven van Kondratiev (In Dutch), Ekonomies Bulletin, Vol. 11, No.6, March 1980, pp. 2-5



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  • price
  • cycle
  • capital goods
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  • investment
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  • production
  • van gelderen
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  • replacement
  • capital
  • business
  • number
  • kondratiev
  • year t
  • wolff
  • tinbergen
  • t years