Aggregative Production Functions and Economic Growth Policy.
ResearchPublished 1965
A consideration of how the economists' knowledge of the relationship between various aggregative inputs and production possibilities can be of service to economic growth policies. Basing his discussion on possibilities open to the economy of the United States, the author assesses the strength and scope of existing economic knowledge and concludes that, while professional economists can provide useful direction for policy growth, their knowledge is more readily employed in identifying relevant uncertainties than in resolving them. 24 pp.
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Document Details
- Copyright: RAND Corporation
- Availability: Available
- Year: 1965
- Print Format: Paperback
- Paperback Pages: 24
- Paperback Price: $20.00
- Document Number: P-3218
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Nelson, Richard R., Aggregative Production Functions and Economic Growth Policy. RAND Corporation, P-3218, 1965. As of September 14, 2024: https://www.rand.org/pubs/papers/P3218.html
Nelson, Richard R., Aggregative Production Functions and Economic Growth Policy. Santa Monica, CA: RAND Corporation, 1965. https://www.rand.org/pubs/papers/P3218.html. Also available in print form.
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