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Why have criticisms of the aggregate production function generally been ignored? On further misunderstandings and misinterpretations of the implications of the accounting identity

In: The Aggregate Production Function and the Measurement of Technical Change

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Abstract

This authoritative and stimulating book represents a fundamental critique of the aggregate production function, a concept widely used in macroeconomics.

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  • ., 2013. "Why have criticisms of the aggregate production function generally been ignored? On further misunderstandings and misinterpretations of the implications of the accounting identity," Chapters, in: The Aggregate Production Function and the Measurement of Technical Change, chapter 12, pages 311-346, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:1975_12
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