Aggregate production functions and medium-range growth projections

Richard R. Nelson

ResearchPublished 1963

An analysis and comparison of several different but related aggregative models of long-run economic rowth. A general model is developed which includes the various models as special cases. This broader model is used to explore different explanations of the 1929-1960 growth record of the American economy, and various projections for growth in the 1960s.

Document Details

Citation

Chicago Manual of Style

Nelson, Richard R., Aggregate production functions and medium-range growth projections. Santa Monica, CA: RAND Corporation, 1963. https://www.rand.org/pubs/research_memoranda/RM3912.html.
BibTeX RIS

This publication is part of the RAND research memorandum series. The research memorandum series, a product of RAND from 1948 to 1973, included working papers meant to report current results of RAND research to appropriate audiences.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.