Ups and Downs of economic aktivity between 1837 and 1937 - burst of expansion, crisis, stagnation
- Spiethoff, Arthur
- Historical Studies Data
AbstractIn his article ´crises´, Speedhoff described the movements of the German economy in the period 1822 to 1913 and provided not only a longitudinal but also a cross-sectional analysis. Spiethoff was of the opinion that the prices of raw materials and capital goods (goods of indirect consumption) reflect fairly well the development of the economic cycle before World War I, but not the prices of consumer goods. In addition to some indicators of capital market an important economic indicator for Spiethoff was the consumption of iron (total iron production plus imports minus exports). With the help of iron consumption Spiethoff tried to capture the business cycle´s dominant influencing variable, i.e. the fluctuations in investment activity, which in turn could not be measured. Basic idea of Spiethoff´s theory of cyclical developments and cyclical movements (in his speech: ´Wechsellagen)´ is that the developments of the economy are determined by cyclic changes in the ratio of capital needs and capital supply. In this context so-called ´Ertragsgueter´ - i.e. means of production and capital goods - are essential to the economic development. Several Timeseries and Datatables are offered to to following topics: A. Money and Capital Market B. Consumption of Goods C. Production of Goods D. German Prices between 1847 and 1939 E. German Price Indices between 1889 and 1939 (Gehlhoff-Index) Timeseries are downloadable via the online system HISTAT (www.histat.gesis.org).
1837 / 1937
Historical German lands (-1871) (DQDE)
German Reich (1871-1945) (DXDE)
Number of Units: 137
Number of Variables: 504
- ZA8228 (Type: ZA-No.)
Spiethoff, Arthur: Die wirtschaftlichen Wechsellagen. Aufschwung, Krise, Stockung. Band II. Lange Reihen über die Merkmale der wirtschaftlichen Wechsellagen. Tübingen/Zürich: J.C.B. Mohr 1955.
Update Metadata: 2020-10-21 | Issue Number: 87 | Registration Date: 2010-07-23