Trend and Cycle

Steindl, Josef

Bibliographic data

Works

Document type:: Works

Collection:: Josef Steindl Collection

Title:: Trend and Cycle

Author:: Steindl, Josef

Scope:: Typoskript, Konvolut aus zwei Versionen von "Trend and Cycle", teilweise identisch, nummeriert, handschriftliche Anmerkungen und Notizen, 10 Blätter und 9 Blätter

Year of publication:: 1988

Source material date:: [vermutlich um/vor 1988]

Language:: English

Description:: Trend, cycle, cycle problems, long run changes, utilisation, measurement of technical progress, technology and economic structure, excess capacity in the long run, Kalecki.

Note:: Versionen einer Reihe von Entwürfen zu "Trend and Cycle". Die letzte Version wurde post mortem veröffentlicht und vermutlich 1988 verfasst. - Beilage (63 Seiten): Industrial Output Section (Division of Research and Statistics): Capacity Utilization, Manufacturing, Mining, and Utlities and Industrial Materials January 1967-December 1984 with supplementary manufacturing data, January 1948-December 1966. Revised July 1985, Washington D.C.

Related work:: Steindl, Josef: Trend and Cycle. In: Mott, Tracy und Shapiro, Nina (Hrsg.): Rethinking Capitalist Development. Essays on the Economics of Josef Steindl. New York: Routledge 2004, S. 164-173

Topic:: Growth,cycle and stagnation

JEL Classification:: E11 [General Aggregative Models: Marxian, Sraffian, Kaleckian] E32 [Business Fluctuations, Cycles] E37 [Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications]

Shelfmark:: S/M.18.1

Access:: Free access

4 Summary Table Capacity Utilization Series Series 1977 proportion of total industrial production 1 Rate (percent of capacity) 1967-84 average 1978-80 monthly high 1982 monthly low 1984 December Revised Revised less previous Revised Revised less previous Revised Revised less previous Revised Revised less previous A. Total industry 100.000 81.7 -0.3 86.9 -0.4 69.5 -0.1 81.1 -0.1 Manufacturing 84.215 80.7 -0.7 86.5 -1.0 68.0 -0.8 80.9 -0.5 Primary processing 2 31.657 81.7 -1.7 89.1 -2.3 65.1 -1.1 80.9 1.4 Advanced processing 3 52.557 80.2 -0.2 85.1 -0.8 69.5 -0.5 80.8 -1.4 Durable manufacturing 49.102 78.8 -1.3 86.3 -3.1 63.7 -1.1 79.3 -2.7 Stone, clay, and glass products 2.715 77.6 -0.3 86.6 -3.8 62.9 -0.1 79.4 2.9 Primary metals 5.332 80.5 — 97.1 — 45.8 — 70.3 — Iron and steel, subtotal 3.485 80.1 -0.2 100.3 2.8 37.6 -1.2 65.4 0.9 Nonferrous metals, subtotal 1.847 81.3 -1.9 91.1 -7.1 60.8 -1.3 78.3 0.3 Fabricated metal products 6.460 77.7 -1.0 87.4 -2.6 61.3 0.6 79.6 2.8 Nonelectrical machinery 9.541 78.7 -0.3 86.0 2.9 62.9 1.3 76.1 -4.3 Electrical machinery 7.149 78.5 -2.3 89.9 -0.7 66.9 -7.8 80.7 -10.8 Motor vehicles and parts 5.255 77.6 -1.0 93.3 -1.2 47.0 0.9 83.5 -4.3 Automobiles 1.820 76.4 — 93.3 1.7 36.6 0.8 80.2 -1.4 Aerospace and miscellaneous transportation equipment 3.871 76.2 -1.2 87.1 -6.8 70.7 1.6 79.4 1.9 Instruments 2.663 83.4 0.7 88.9 -3.4 77.8 4.7 84.3 2.3 Other durables 4 6.116 81.7 — 81.0 — 69.1 — 83.1 — Nondurable manufacturing 35.112 83.5 -0.1 87.0 -0.2 74.4 0.6 83.1 2.3 Food and kindred products 7.957 82.5 -0.3 85.1 -0.1 76.5 0.0 79.8 1.0 Textile mill products 2.286 84.5 -1.6 88.3 -3.0 70.6 -2.4 77.5 -0.8 Paper and products 3.147 88.2 -1.9 92.7 -2.4 80.8 -3.4 93.4 -1.1 Chemicals and products 8.051 78.7 0.9 82.9 -0.7 67.6 3.6 77.1 5.4 Petroleum products 2.395 87.9 -0.2 91.7 -1.3 69.7 -1.8 81.8 5.3 Rubber and plastics products 2.802 84.5 -4.0 89.4 -2.1 71.2 -2.8 89.1 -1.7 Other nondurables 5 8.474 86.0 — 92.4 — 78.9 — 88.4 — Mining 9.829 88.0 3.0 95.2 4.8 76.9 7.3 81.7 6.9 Utilities 5.956 88.1 0.1 88.5 1.7 78.0 -1.0 83.8 -0.1 Electric utilities 4.175 89.0 0.1 87.6 0.6 78.2 0.3 U 82.8 1.9 B. Industrial materials 6 42.283 82.7 -0.1 89.1 0.2 68.4 1.8 81.3 0.9 Durable goods materials 20.501 79.5 0.2 89.8 1.4 60.9 1.1 79.7 -0.3 Metal materials 7 5.381 78.9 -1.5 93.6 -1.8 45.7 -0.5 68.0 3.5 Raw steel .514 81.9 -0.6 98.9 — 4;0 36.1 -4.1 56.7 -4.9 Aluminum .281 88.9 0.1 97.4 -0.5 58.8 0.9 80.2 2.8 Nondurable goods materials 10.095 83.3 -2.6 88.1 -3.6 70.6 -0.1 80.8 1.4 Textile, paper and chemical 7.528 83.7 -2.1 89.4 -2.9 68.6 0.0 80.7 2.7 Pulp and paper materials 1.547 91.3 -2.5 97.3 -0.6 79.9 -6.4 93.7 -4.8 Chemical materials 4.461 80.9 -3.2 87.9 -3.4 63.3 -0.7 78.3 4.4 Energy materials 11.687 89.9 2.0 94.0 5.1 82.2 3.7 85.5 2.3 1 The proportions are based on value added and are used to combine both the output and capacity indexes into groupings. The utilization rates are calculated by dividing output by capacity, for both individual series and groupings. Total industrial production covers mining, gas and electric utilities, and manufacturing. 2 Primary processing, which incorporates many of the same manufacturing industries that are represented in materials, includes textile mill products; industrial chemicals; petroleum products; rubber and plastics products; lumber and products; stone, clay, and glass products; primary metals; and fabricated metal products. 3 Advanced processing includes foods; tobacco products; apparel products; printing and publishing; chemical products such as drugs and toiletries; leather and products; furniture and fixtures; machinery; transportation equipment; instruments; miscellaneous manufactures; and government owned and operated ordnance facilities. 4 Other durables includes lumber and products, furniture and fixtures, miscellaneous manufactures, and government owned and operated ordnance facilities. 5 Other nondurables includes tobacco products, apparel products, printing and publishing, and leather and products. 6 The materials grouping is composed of over 100 materials series found in the index of industrial production. 7 Grouping includes basic metal materials, consumer durable steel, and equipment steel.

Works

Cite and reuse

Works

Image

Image fragment

Citation links

Citation recommendation