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

DOI

10.2307/1926047

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.

Verification

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