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Regional Long Waves of Economic Development: Trends in the Washington Economy

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Douglas Booth - May 1987

Like national and world economies, a regional economy goes through long waves of economic activity. Specifically, a region will experience a relatively lengthy period of economic growth close to or above the national rate followed by a relatively lengthy period of economic growth below the national rate. This research applies a regional long wave theory of economic development to the Washington State economy to explain recent changes in its structure and rate of growth and to predict its probably future course.

Report ID: 87-05-4101
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