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Structure and cycles

Author

Listed:
  • Mario Amendola

    (UNIROMA - Università degli Studi di Roma "La Sapienza" = Sapienza University [Rome])

  • Claude Froeschlé

    (CASSIOPEE - Laboratoire de Cosmologie, Astrophysique Stellaire & Solaire, de Planétologie et de Mécanique des Fluides - UNS - Université Nice Sophia Antipolis (1965 - 2019) - INSU - CNRS - Institut national des sciences de l'Univers - Observatoire de la Côte d'Azur - UniCA - Université Côte d'Azur - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Luc Gaffard

Abstract

On the basis of a Neo-Austrian representation of the production process, we show how recurrent cycles can emerge from a distortion of productive capacity,which hamper the viability of changes that imply structural modifications. Even the quickest and most complete adaptation of the structure of productive capacity cannot prevent the economy from bearing fluctuations: it can only make them regular.

Suggested Citation

  • Mario Amendola & Claude Froeschlé & Jean-Luc Gaffard, 1996. "Structure and cycles," Post-Print hal-03471494, HAL.
    • Handle: RePEc:hal:journl:hal-03471494
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    Cited by:

    1. Sylos Labini, F. & Montuori, M. & Pietronero, L., 1996. "Statistical analysis of the Perseus-Pisces redshift survey: spatial and luminosity properties," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 230(3), pages 336-358.
    2. Montuori, M. & Labini, F.Sylos & Amici, A., 1997. "Statistical properties of galaxy cluster distribution," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 246(1), pages 1-17.

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