Research on Formation of Kondratiev Cycles in Brazilian Economy
Abstract
The work is focused around the analysis of formation of Kondratiev cycles from1870 to 2008. This research is directed on data acquisition on the possibility of formation of long cycles on the basis of the spectral analysis of deviations from a trend of GDP per-capita time series. The conducted research resulted in notion that fifty-year cycles of Kondratiev had the greatest power during practically all research period. it was Also established that from the middle of the XX century to the 1960s the power of Kondratiev cycleshad increased. The only segment of research time series on which there is no domination of the cycles is 1870–1969. The research can give the chance to compare the tendency of Kondratievcycles to increase in power and formation of technological waves in the economy of Brazil.
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