European business cycles and economic growth, 1300–2000

IF 2.6 1区 历史学 Q1 ECONOMICS
Stephen Broadberry , Jason Lennard
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引用次数: 0

Abstract

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.

欧洲商业周期和经济增长,1300-2000 年
现代商业周期的特点是长期扩张与短期衰退相结合,因此与持续经济增长的出现有关。它还具有显著的国际共同运动特征,因此与日益增长的市场一体化和全球化有关。这些模式是何时开始出现的?本文利用 1300 年至 2000 年期间九个欧洲经济体的历史国民账户,探讨了商业周期性质的变化。就样本整体而言,现代商业周期出现于 19 世纪。
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来源期刊
CiteScore
2.50
自引率
8.70%
发文量
27
期刊介绍: Explorations in Economic History provides broad coverage of the application of economic analysis to historical episodes. The journal has a tradition of innovative applications of theory and quantitative techniques, and it explores all aspects of economic change, all historical periods, all geographical locations, and all political and social systems. The journal includes papers by economists, economic historians, demographers, geographers, and sociologists. Explorations in Economic History is the only journal where you will find "Essays in Exploration." This unique department alerts economic historians to the potential in a new area of research, surveying the recent literature and then identifying the most promising issues to pursue.
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