Abstract

The paper presents the results of the analysis of Spain`s economic dynamics in order to identify periods of of Kondratieff waves and the dates of origin of new technological modes. Through the regression analysis of the time series of Spain’s real per capita GDP for the period from 1850 to 2008, the author determines the dates of origin of the third, the fourth and the fifth Kondratieff waves and also the dates of origin of the fourth, the fifth and the sixth technological modes in the Spanish economy. The results obtained shows, that the fourth technological mode in Spain`s economy occurred in the early 20th century, the fifth mode — in the 1950s, while the sixth mode began in the late 20th century. The results of the research can be helpful for constructing models of technological modes` productivity in Spain.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.