Cover: Aggregative Production Functions and Economic Growth Policy.

Aggregative Production Functions and Economic Growth Policy.

Published 1965

by Richard R. Nelson

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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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