Aggregate Production Functions and Growth Economics

被引:46
作者
Temple, Jonathan [1 ]
机构
[1] Univ Bristol, Bristol, Avon, England
关键词
aggregation; production functions; growth econometrics;
D O I
10.1080/02692170600736052
中图分类号
F [经济];
学科分类号
02 ;
摘要
Rigorous approaches to aggregation indicate that aggregate production functions do not exist except in unlikely special cases. This paper considers the awkward implications for growth economics. It provides a conventional defence of growth theory in terms of 'parables' and then considers how empirical growth research might avoid the need for aggregate production functions.
引用
收藏
页码:301 / 317
页数:17
相关论文
共 57 条
[1]   The colonial origins of comparative development: An empirical investigation [J].
Acemoglu, D ;
Johnson, S ;
Robinson, JA .
AMERICAN ECONOMIC REVIEW, 2001, 91 (05) :1369-1401
[2]  
[Anonymous], 2001, INT REV APPL EC, DOI DOI 10.1080/02692170110052338
[3]  
[Anonymous], [No title captured]
[4]   Increasing returns and all that: A view from trade [J].
Antweiler, W ;
Trefler, D .
AMERICAN ECONOMIC REVIEW, 2002, 92 (01) :93-119
[5]  
BENHABIB J, 1991, AM ECON REV, V81, P82
[6]   THE ROLE OF HUMAN-CAPITAL IN ECONOMIC-DEVELOPMENT EVIDENCE FROM AGGREGAT CROSS-COUNTRY DATA [J].
BENHABIB, J ;
SPIEGEL, MM .
JOURNAL OF MONETARY ECONOMICS, 1994, 34 (02) :143-173
[7]  
Bernard AB, 1996, AM ECON REV, V86, P1216
[8]   THE EXISTENCE OF INPUT AND OUTPUT AGGREGATES IN AGGREGATE PRODUCTION-FUNCTIONS [J].
BLACKORBY, C ;
SCHWORM, W .
ECONOMETRICA, 1988, 56 (03) :613-643
[9]   Retrospectives - Whatever happened to the Cambridge capital theory controversies? [J].
Cohen, AJ ;
Harcourt, GC .
JOURNAL OF ECONOMIC PERSPECTIVES, 2003, 17 (01) :199-214
[10]  
Cohen D., 2002, 3528 CEPR