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Pseudo-Production Function - Psychology Dictionary of Arguments | |||
Pseudo-production function: A pseudo-production function in economics resembles a production function mathematically but lacks a direct causal relationship between inputs and output. It often arises in empirical estimations where observed correlations do not reflect true technological constraints, potentially misrepresenting productivity dynamics. See also Aggregate production function, Production function, Cobb-Douglas production function, CES production function, Surrogate production function._____________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 | |
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Solow, Robert Merton | Pseudo-Production Function | Solow, Robert Merton | |
Ed. Martin Schulz, access date 2025-04-18 |