Comments on Martin L. Weitzman, "industrial production"

by Abraham S. Becker

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This paper is a revised version of oral remarks presented at the "Conference on the Soviet Economy Toward the Year 2000," held at Airlie House, Virginia, on October 23-25, 1980. In it, the author concentrates his remarks on the production series used by Professor Weitzman as the basis of his calculations of the "residual" (versus the elasticity of substitution of capital for labor), and on the question of future growth of the Soviet economy.

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