Technical Change and the Aggregate Production Function.

Solow, R. M. (1957). Technical Change and the Aggregate Production Function. Review of Economics and Statistics, 39(3), 312-320.

Type

Journal article

Intellectual base

Review or monograph

Year

1957

Volume

39

Issue

3

Pages

312-320

DOI

10.2307/1926047

DOI registrant

JSTOR

Link

https://doi.org/10.2307/1926047

Cited from

economics_finance, mathematics

Cited by

2 citations across 2 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Creative Destruction
  • The Schumpeterian framework stands in tension with the Solow (1957)

    This sourceGrowth-accounting framework treating technical change as an exogenous residual; supports the Solow-vs-Schumpeter exogenous/endogenous tension (T3 and Abstract Reasoning).

• Factorization
  • Production-function factorization gives growth accounting its decomposition into capital, labour, and total factor productivity.

    This sourceFounds growth accounting by factoring output growth into capital, labour, and total factor productivity contributions.

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