Abstract
The article presents the results of the analysis of Australia`s economic dynamics in order to identify Kondratiev waves (cycles). The analysis of the time series of real per capita GDP for the period from 1820 to 2008 had revealed the presence of cycles of economic dynamics with a period of about 50 years, which can be identified as Kondratieff cycles (waves). The results of the analysis showed that the formation of Kondratieff cycles in the Australian economy occurred in the late XIX — early XX century. The maximum value of these cycles` potency was reached in the middle of XX century, then their potency began to fall. The results of the research may be used in order to determine the time of beginning of these cycles and correlation between Kondratieff cycles and dominant technological modes.
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