The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 15 Duration of phases of the two adjacent industrial cycles (quarters/ years) in L-2
From: Increasing returns and business cycles in a family of Goodwinian models with Leontiev technology
Boom | Crisis | Depression | Recovery | Boom | New cycle |
|---|---|---|---|---|---|
291–292.5 | 292.5–295.5 | 295.5–295.75 | 295.75–297.5 | 297.5–299 | 292.5–299 |
6/1.5 | 12/3 | 1/0.25 | 7/1.75 | 6/1.5 | 26/6.5 |