European business cycles and economic growth, 1300–2000
The modern business cycle features long expansions combined with short recessions, and is thus related to the emergence of sustained economic growth. It also features significant international co-movement, and is therefore associated with growing market integration and globalisation. When did these...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
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Elsevier
2024
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| _version_ | 1811140589382533120 |
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| author | Broadberry, S Lennard, J |
| author_facet | Broadberry, S Lennard, J |
| author_sort | Broadberry, S |
| collection | OXFORD |
| description | The modern business cycle features long expansions combined with short recessions, and is thus related to the emergence of sustained economic growth. It also features significant international co-movement, and is therefore associated with growing market integration and globalisation. When did these patterns first appear? This paper explores the changing nature of the business cycle using historical national accounts for nine European economies between 1300 and 2000. For the sample as a whole, the modern business cycle emerged in the nineteenth century. |
| first_indexed | 2024-09-25T04:24:23Z |
| format | Journal article |
| id | oxford-uuid:fb7e1149-8016-4a79-8464-6537b80bb971 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-09-25T04:24:23Z |
| publishDate | 2024 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:fb7e1149-8016-4a79-8464-6537b80bb9712024-08-22T08:20:24ZEuropean business cycles and economic growth, 1300–2000Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:fb7e1149-8016-4a79-8464-6537b80bb971EnglishSymplectic ElementsElsevier2024Broadberry, SLennard, JThe modern business cycle features long expansions combined with short recessions, and is thus related to the emergence of sustained economic growth. It also features significant international co-movement, and is therefore associated with growing market integration and globalisation. When did these patterns first appear? This paper explores the changing nature of the business cycle using historical national accounts for nine European economies between 1300 and 2000. For the sample as a whole, the modern business cycle emerged in the nineteenth century. |
| spellingShingle | Broadberry, S Lennard, J European business cycles and economic growth, 1300–2000 |
| title | European business cycles and economic growth, 1300–2000 |
| title_full | European business cycles and economic growth, 1300–2000 |
| title_fullStr | European business cycles and economic growth, 1300–2000 |
| title_full_unstemmed | European business cycles and economic growth, 1300–2000 |
| title_short | European business cycles and economic growth, 1300–2000 |
| title_sort | european business cycles and economic growth 1300 2000 |
| work_keys_str_mv | AT broadberrys europeanbusinesscyclesandeconomicgrowth13002000 AT lennardj europeanbusinesscyclesandeconomicgrowth13002000 |