The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 11 Duration of phases of the two adjacent growth cycles (years) in L-1
From: Increasing returns and business cycles in a family of Goodwinian models with Leontiev technology
Boom | Recession | Depression | Recovery | Boom | New cycle |
|---|---|---|---|---|---|
8.25–10 | 10–13 | 13–15 | 15–15.75 | 15.75–17.5 | 10–17.5 |
1.75 | 3 | 2 | 0.75 | 1.75 | 7.5 |