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Economic Growth in Selected Economies and Automotive Industries through the Prism of Schumpeterian Business Cycle Theory

Chapala, Daniel (2009)
Department of Economic History
Abstract
Under the current economic situation, the major economies of the world are experiencing a significant downturn. Simultaneously, the automotive industries of certain prominent economies are experiencing comparable downturns. This study seeks to examine the commonalities between these downturns through the prism of Schumpeterian Business Cycle theory. The study looks to macroeconomic indicators from the US, Japan, Germany and the EU15, and compares these figures to data for the respective automotive industries of each economy over the last three to five decades. The findings show some potential commonalities in growth cycles, productivity increases, and simultaneous downturns which have the possibility to substantiate Schumpeterian Business... (More)
Under the current economic situation, the major economies of the world are experiencing a significant downturn. Simultaneously, the automotive industries of certain prominent economies are experiencing comparable downturns. This study seeks to examine the commonalities between these downturns through the prism of Schumpeterian Business Cycle theory. The study looks to macroeconomic indicators from the US, Japan, Germany and the EU15, and compares these figures to data for the respective automotive industries of each economy over the last three to five decades. The findings show some potential commonalities in growth cycles, productivity increases, and simultaneous downturns which have the possibility to substantiate Schumpeterian Business Cycle analysis in this context. (Less)
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author
Chapala, Daniel
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
automotive industry, Schumpeter, Business Cycles, Social and economic history, Ekonomisk och social historia
language
English
id
1474765
date added to LUP
2009-06-10 00:00:00
date last changed
2010-08-03 10:52:24
@misc{1474765,
  abstract     = {Under the current economic situation, the major economies of the world are experiencing a significant downturn. Simultaneously, the automotive industries of certain prominent economies are experiencing comparable downturns. This study seeks to examine the commonalities between these downturns through the prism of Schumpeterian Business Cycle theory. The study looks to macroeconomic indicators from the US, Japan, Germany and the EU15, and compares these figures to data for the respective automotive industries of each economy over the last three to five decades. The findings show some potential commonalities in growth cycles, productivity increases, and simultaneous downturns which have the possibility to substantiate Schumpeterian Business Cycle analysis in this context.},
  author       = {Chapala, Daniel},
  keyword      = {automotive industry,Schumpeter,Business Cycles,Social and economic history,Ekonomisk och social historia},
  language     = {eng},
  note         = {Student Paper},
  title        = {Economic Growth in Selected Economies and Automotive Industries through the Prism of Schumpeterian Business Cycle Theory},
  year         = {2009},
}