{PDF} The aggregate production function and the measurement of technical change: ‘not even wrong’ Felipe, Jesus;McCombie, J. S. L

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1. Some problems with the aggregate production function — 2. The aggregate production function : behavioural relationship or accounting identity? — 3. Simulation studies, the aggregate production function, and the accounting identity — 4. ‘Are there laws of production?’ : the work of Cobb and Douglas and its early reception — 5. Solow’s ‘technical change and the aggregate production function’, and the accounting identity — 6. What does total factor productivity actually measure? : further observations on the Solow model — 7. Why are some countries richer than others? : a sceptical view of Mankiw-Romer-Weil’s test of the neoclassical growth model — 8. Some problems with the neoclassical dual-sector growth model — 9. Is capital special? : the role of the growth of capital and its externality effect in economic growth — 10. Problems posed by the accounting identity for the estimation of the degree of market power and the mark-up — 11. Are estimates of labour demand functions mere statistical artefacts?

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