Trend and cycle in primary commodity prices: A neo-Schumpeterian interpretation

This paper adapts Schumpeter's theory of economic development and the business cycle for the purpose of analysing movements in prices of primary commodities in both the short and long run. Schumpeter focuses his analysis on movements in prices of finished consumer goods, but he clearly recogniz...

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Bibliographic Details
Main Authors: Bloch, Harry, Madsen, J., Sapsford, D.
Other Authors: Christian Seidl
Format: Conference Paper
Published: The Schumpeterian Society 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/34056