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Solar and Economic Relationships: A Preliminary Report

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  • Carlos Garcia-Mata
  • Felix I. Shaffner

Abstract

Jevons' analysis, 2.— Other theories of cyclical relations: Moore, 4; Huntington, 5.— The solar cycle, 7.— Correlation between solar and economic cycles, 9.—Changes in solar cycles and economic series, 10. — Variation in latitude of sunspots and index of physical production, 11.— Correlation between solar cycles and non-agricultural series, 13. — The explanation of this relation, 23.— Theories: Pigou, 26.— Hexter, 28.— Vallot, 29.— Effect of ultraviolet rays, 31. — The electrical hypothesis, 33.— The volcanic dust theory, 35.— Correlation between temperature and business activity, 38.— Correlation between monthly figures of the "preferred solar constant," business activity, and solar radiation, 42.— The last depression and the psychological theory, 45. — Monthly variations in speculation and solar activity for 1929, 46. — Sunspots in the central zone and speculation, 49. — Conclusion, 51.

Suggested Citation

  • Carlos Garcia-Mata & Felix I. Shaffner, 1934. "Solar and Economic Relationships: A Preliminary Report," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 49(1), pages 1-51.
    • Handle: RePEc:oup:qjecon:v:49:y:1934:i:1:p:1-51.
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    File URL: http://hdl.handle.net/10.2307/1883875
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    Cited by:

    1. Christopher K. Manner, 2016. "A Review of Pre-Keynesian Neoclassical Business Cycle Theory," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 11(1), pages 7-15, April.
    2. Danny García Callejas, 2007. "Biology and Economics: Metaphors that Economists usually take from Biology," Revista Ecos de Economía, Universidad EAFIT, March.
    3. Berislav Žmuk & Hrvoje Jošić, 2023. "Investigation Of The Sunspots And Gdp Nexus: The Case Of Balkan Countries," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 68(237), pages 69-95, April – J.
    4. Robert W. Dimand, 2020. "Macroeconomic dynamics at the Cowles Commission from the 1930s to the 1950s," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 27(4), pages 564-581, July.
    5. Wang, Hanjie & Feil, Jan-Henning & Yu, Xiaohua, 2021. "Disagreement on sunspots and soybeans futures price," Economic Modelling, Elsevier, vol. 95(C), pages 385-393.
    6. Gorbanev, Mikhail, 2015. "Can solar activity influence the occurrence of economic recessions?," MPRA Paper 65502, University Library of Munich, Germany.
    7. Gorbanev, Mikhail, 2012. "Sunspots, unemployment, and recessions, or Can the solar activity cycle shape the business cycle?," MPRA Paper 40271, University Library of Munich, Germany.

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