Categorized production function: a note
On the basis of the current production function, this paper categorizes the industries in an economy into the traditional and emerging industries, builds a categorized production function (CPF) and defines the innovation efficiency. We can repeat all the researches about original production function by the categorized production function, and will get many different results.
|Date of creation:||27 Apr 2012|
|Date of revision:|
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- Robert J. Barro, 2013.
"Inflation and Economic Growth,"
Annals of Economics and Finance,
Society for AEF, vol. 14(1), pages 121-144, May.
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