Production Functions And Aggregation

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Production Functions and Aggregation

Economic research monograph on the economic theory of production functions and aggregation - includes a bibliography pp. 301 to 307.
Aggregation

This work deals with the question of the conditions for the existence of aggregate production functions (the heart of macroeconomics). It examines the conditions for approximate aggregation and through simulation experiments, considers why aggregate production functions appear to work.
The Aggregate Production Function and the Measurement of Technical Change

Author: Jesus Felipe
language: en
Publisher: Edward Elgar Publishing
Release Date: 2013-10-31
This authoritative and stimulating book represents a fundamental critique of the aggregate production function, a concept widely used in macroeconomics.