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This document discusses evidence for long waves of building activity in Britain and the US during the 19th century. It finds that while long cycles are clearly evident between 1870-1914 for both countries, with an inverse relationship, the evidence is less clear before 1870. For Britain before 1870, fluctuations in building appear to be around 10 years rather than 20. The document also questions using railway mileage as a proxy for overall building in Britain from 1849-1870, as railway building cycles may h

Author

Saman Ranj

Language

EN