Psychology Dictionary of ArgumentsHome
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| Aggregate Production Function - Psychology Dictionary of Arguments | |||
| Aggregate Production Function: The Aggregate Production Function represents the relationship between total output and inputs like capital and labor in an economy. It is used to analyze productivity, growth, and income distribution. Criticized in capital theory debates, it assumes homogeneous capital and smooth substitution, which may not reflect real-world complexities. See also Production function, CES production function, Cobb-Douglas production function, Capital._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Champernowne, David Gawen | Aggregate Production Function | Champernowne, David Gawen | |
| Harcourt, Geoffrey C. | Aggregate Production Function | Harcourt, Geoffrey C. | |
| Robinson, Joan | Aggregate Production Function | Robinson, Joan | |
| Solow, Robert | Aggregate Production Function | Solow, Robert Merton | |
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Ed. Martin Schulz, access date 2025-04-18 | |||
