The Aggregate Production Function and Solow's "Three Denials"
This paper offers a retrospective view of the key pillar of Solow’s neoclassical growth model, namely the aggregate production function. We review how this tool came to life and how it has survived until today, despite three criticisms that undermined its raison d’être. They are the Cambridge Capita...
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| Main Authors: | , |
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| Format: | text |
| Published: |
Animo Repository
2024
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/res_aki/193 https://animorepository.dlsu.edu.ph/context/res_aki/article/1196/viewcontent/DLSU_AKI_Working_Paper_Series_2024_03_092.pdf |
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| Institution: | De La Salle University |