A Cross-Country Empirical Investigation of the Aggregate Production Function Specification
作者： John Duffy , Chris Papageorgiou
关键词: Econometrics 、 Economics 、 Sample (statistics) 、 Aggregate (data warehouse) 、 Endogenous growth theory 、 Human capital 、 Macroeconomics 、 Function (engineering) 、 Physical capital 、 Production function 、 Production (economics)
摘要: Many growth models assume that aggregate output is generated by a Cobb-Douglas production function. In this article we question the empirical relevance of this specification. We use …
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