Recent work on the question of using aggregate production functions as approximations is also discussed. Econometrica publishes original articles in all branches of economics - theoretical and ...

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 ...