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Why the interpretation of the Cobb-Douglas production function must be radically changed


  • Labini, Paolo Sylos


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  • Labini, Paolo Sylos, 1995. "Why the interpretation of the Cobb-Douglas production function must be radically changed," Structural Change and Economic Dynamics, Elsevier, vol. 6(4), pages 485-504, December.
  • Handle: RePEc:eee:streco:v:6:y:1995:i:4:p:485-504

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    References listed on IDEAS

    1. Paul H. Douglas, 1967. "Comments on the Cobb-Douglas Production Function," NBER Chapters,in: The Theory and Empirical Analysis of Production, pages 15-22 National Bureau of Economic Research, Inc.
    2. Harcourt,G. C., 1972. "Some Cambridge Controversies in the Theory of Capital," Cambridge Books, Cambridge University Press, number 9780521096720, March.
    3. Simon, Herbert A, 1979. " On Parsimonious Explanations of Production Relations," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(4), pages 459-474.
    4. Paul M. Romer, 1987. "Crazy Explanations for the Productivity Slowdown," NBER Chapters,in: NBER Macroeconomics Annual 1987, Volume 2, pages 163-210 National Bureau of Economic Research, Inc.
    5. E. H. Phelps Brown, 1957. "The Meaning of the Fitted Cobb-Douglas Function," The Quarterly Journal of Economics, Oxford University Press, vol. 71(4), pages 546-560.
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    Cited by:

    1. Luigi L. Pasinetti, 2000. "Critique of the neoclassical theory of growth and distribution," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 53(215), pages 383-431.
    2. Yoann Verger, 2015. "Sraffa and the environment," Working Papers hal-01186009, HAL.
    3. Felipe, J., 2003. "Sustainable development: a comment," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 21, pages 575-581, December.
    4. repec:ebl:ecbull:v:3:y:2007:i:9:p:1-8 is not listed on IDEAS
    5. Jesus Felipe & J. S. L. Mccombie, 2007. "On the Rental Price of Capital and the Profit Rate: The Perils and Pitfalls of Total Factor Productivity Growth," Review of Political Economy, Taylor & Francis Journals, vol. 19(3), pages 317-345.
    6. Luigi L. Pasinetti, 2000. "Critique of the neoclassical theory of growth and distribution," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 53(215), pages 383-431.
    7. Jesus Felipe, 2005. "Aggregate Investment In The People'S Republic Of China: A Comment," CAMA Working Papers 2005-17, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    8. Morroni, Mario, 2014. "Production of commodities by means of processes," Structural Change and Economic Dynamics, Elsevier, vol. 29(C), pages 5-18.
    9. Alessandro Roncaglia, 2007. "Paolo Sylos Labini, 1920-2005," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 2-2.
    10. Guarini, Giulio, 2009. "Innovation and growth in the Grossman-Helpman’s model with increasing returns: a note," MPRA Paper 19612, University Library of Munich, Germany.
    11. Jesus Felipe & John S.L. McCombie, 2013. "The Aggregate Production Function and the Measurement of Technical Change," Books, Edward Elgar Publishing, number 1975.
    12. Constantin Chilarescu & Nicolas Vaneecloo, 2007. "A Stochastic Approach to the Cobb-Douglas Production Function," Economics Bulletin, AccessEcon, vol. 3(9), pages 1-8.
    13. Orsola Costantini, 2015. "The Cyclically Adjusted Budget: History and Exegesis of a Fateful Estimate," Working Papers Series 24, Institute for New Economic Thinking.
    14. Marcella Corsi & Carlo D'Ippoliti, 2013. "The productivity of the public sector: A Classical view," PSL Quarterly Review, Economia civile, vol. 66(267), pages 403-434.
    15. Jesus Felipe & Carsten Holz, 2001. "Why do Aggregate Production Functions Work? Fisher's simulations, Shaikh's identity and some new results," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(3), pages 261-285.
    16. Jesus Felipe & J. S. L. McCombie, 2005. "How Sound are the Foundations of the Aggregate Production Function?," Eastern Economic Journal, Eastern Economic Association, vol. 31(3), pages 467-488, Summer.

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