Kaldor put forward his technical progress function as an alternative to the neoclassical aggregate production function. It is shown that Verdoorn's law is its empirical counterpart, although allowing ...

Steven Pressman, What Is Wrong with the Aggregate Production Function?, Eastern Economic Journal, Vol. 31, No. 3 (Summer, 2005), pp. 422-425 ...

This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to ...