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Duration of Medium-Term Economic Cycles


Valeriy Petukhov
(about the author)

Petukhov Valeriy Aleksandrovich –

Published in:
Russian Journal of Entrepreneurship
– № 6-1 / June, 2011



Keywords: current cycles in the usa, duration, medium-term economic cycles, new trend in the cyclical development, russia, us economy, useuropean regional cycle


Citation:
Valeriy Petukhov (2011). Duration of Medium-Term Economic Cycles. Russian Journal of Entrepreneurship, 12(6), 4-9. — url: http://bgscience.ru/com/lib/2683


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Abstract:

The author's analysis shows that the average duration of the last 3 cycles in the U.S.A. is 8.917 years, while the average duration of cycles in the post-war period was 5.95 years. Perhaps this is how a new trend is forming, in which longterm economic prosperity is completely compatible with a frequent change of fixed capital. In addition, asynchronous cycles give way to their regional synchronicity: a US-European (including Russia) economic cycle has formed for the last 15-20 years.







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