Skyscrapers and Business Cycles

Detalhes bibliográficos
Autor(a) principal: Thornton, Mark
Data de Publicação: 2015
Tipo de documento: Artigo
Idioma: por
Título da fonte: Mises
Texto Completo: https://revistamises.org.br/misesjournal/article/view/721
Resumo: The skyscraper index, created by economist Andrew Lawrence shows a correlation between the construction of the world’s tallest building and the business cycle. Is this just a coincidence, or perhaps skyscrapers do cause business cycles? A theoretical foundation of the “Cantillon effects” for the skyscraper index is provided here, showing how the basic components of skyscraper construction such as technology are related to key theoretical concepts in economics, such as the structure of production. The findings, empirical and theoretical, suggest that the business cycle theory of the Austrian School of economics has much to contribute to our understanding of business cycles, particularly severe ones.
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spelling Skyscrapers and Business CyclesArranha-Céus e Ciclos EconômicosEconomia AustríacaÍndice de Arranha-céusTeoria dos Ciclos de NegóciosEfeitos CantillonAustrian EconomicsSkyscraper IndexBusiness Cycle TheoryCantillon EffectsThe skyscraper index, created by economist Andrew Lawrence shows a correlation between the construction of the world’s tallest building and the business cycle. Is this just a coincidence, or perhaps skyscrapers do cause business cycles? A theoretical foundation of the “Cantillon effects” for the skyscraper index is provided here, showing how the basic components of skyscraper construction such as technology are related to key theoretical concepts in economics, such as the structure of production. The findings, empirical and theoretical, suggest that the business cycle theory of the Austrian School of economics has much to contribute to our understanding of business cycles, particularly severe ones.O “índice de arranha-céus, criado pelo economista Andrew Lawrence, mostra uma correlação entre a construção dos edifícios mais altos do mundo e o ciclo econômico. Isto é apenas uma coincidência, ou talvez os arranha-céus realmente provoquem ciclos de negócios? Proporciona-se, aqui, uma fundamentação teórica dos “efeitos Cantillon” para o índice de arranha-céus, mostrando como os componentes básicos da construção de arranha-céus, tal como a tecnologia, estão relacionados a conceitos teóricos chave na economia, tal como a estrutura da produção. Os resultados, empíricos e teóricos, sugerem que a teoria do ciclo de econômico da Escola Austríaca de Economia tem muito a contribuir para o nosso entendimento dos ciclos de negócios, particularmente no caso dos mais severos.Instituto Mises Brasil2015-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revistamises.org.br/misesjournal/article/view/72110.30800/mises.2015.v3.721MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 3 No. 1 (2015); 111-131MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 3 Núm. 1 (2015); 111-131MISES: Interdisciplinary Journal of Philosophy, Law and Economics; v. 3 n. 1 (2015); 111-1312594-91872318-0811reponame:Misesinstname:Instituto Mises Brasilinstacron:IMBporhttps://revistamises.org.br/misesjournal/article/view/721/413Thornton, Markinfo:eu-repo/semantics/openAccess2019-06-08T02:31:39Zoai:ojs.emnuvens.com.br:article/721Revistahttps://revistamises.org.br/misesjournalPRIhttps://revistamises.org.br/misesjournal/oairevista@mises.org.br2594-91872318-0811opendoar:2019-06-08T02:31:39Mises - Instituto Mises Brasilfalse
dc.title.none.fl_str_mv Skyscrapers and Business Cycles
Arranha-Céus e Ciclos Econômicos
title Skyscrapers and Business Cycles
spellingShingle Skyscrapers and Business Cycles
Thornton, Mark
Economia Austríaca
Índice de Arranha-céus
Teoria dos Ciclos de Negócios
Efeitos Cantillon
Austrian Economics
Skyscraper Index
Business Cycle Theory
Cantillon Effects
title_short Skyscrapers and Business Cycles
title_full Skyscrapers and Business Cycles
title_fullStr Skyscrapers and Business Cycles
title_full_unstemmed Skyscrapers and Business Cycles
title_sort Skyscrapers and Business Cycles
author Thornton, Mark
author_facet Thornton, Mark
author_role author
dc.contributor.author.fl_str_mv Thornton, Mark
dc.subject.por.fl_str_mv Economia Austríaca
Índice de Arranha-céus
Teoria dos Ciclos de Negócios
Efeitos Cantillon
Austrian Economics
Skyscraper Index
Business Cycle Theory
Cantillon Effects
topic Economia Austríaca
Índice de Arranha-céus
Teoria dos Ciclos de Negócios
Efeitos Cantillon
Austrian Economics
Skyscraper Index
Business Cycle Theory
Cantillon Effects
description The skyscraper index, created by economist Andrew Lawrence shows a correlation between the construction of the world’s tallest building and the business cycle. Is this just a coincidence, or perhaps skyscrapers do cause business cycles? A theoretical foundation of the “Cantillon effects” for the skyscraper index is provided here, showing how the basic components of skyscraper construction such as technology are related to key theoretical concepts in economics, such as the structure of production. The findings, empirical and theoretical, suggest that the business cycle theory of the Austrian School of economics has much to contribute to our understanding of business cycles, particularly severe ones.
publishDate 2015
dc.date.none.fl_str_mv 2015-06-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistamises.org.br/misesjournal/article/view/721
10.30800/mises.2015.v3.721
url https://revistamises.org.br/misesjournal/article/view/721
identifier_str_mv 10.30800/mises.2015.v3.721
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistamises.org.br/misesjournal/article/view/721/413
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Instituto Mises Brasil
publisher.none.fl_str_mv Instituto Mises Brasil
dc.source.none.fl_str_mv MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 3 No. 1 (2015); 111-131
MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 3 Núm. 1 (2015); 111-131
MISES: Interdisciplinary Journal of Philosophy, Law and Economics; v. 3 n. 1 (2015); 111-131
2594-9187
2318-0811
reponame:Mises
instname:Instituto Mises Brasil
instacron:IMB
instname_str Instituto Mises Brasil
instacron_str IMB
institution IMB
reponame_str Mises
collection Mises
repository.name.fl_str_mv Mises - Instituto Mises Brasil
repository.mail.fl_str_mv revista@mises.org.br
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