Book contents
- Frontmatter
- Contents
- Introduction
- PART I POSITIVE GROWTH THEORY
- 1 The welfare of society and economic growth
- 2 The growth process
- 3 A production function of central importance
- 4 The CES production function as a general mean
- 5 Capital–labour substitution and economic growth (in collaboration with Robert M. Solow)
- 6 The long-term growth rate as a random variable, with an application to the US economy
- PART II OPTIMAL GROWTH THEORY
- PART III A UNIFIED APPROACH
- In conclusion: on the convergence of ideas and values through civilizations
- Further reading, data on growth and references
- Index
3 - A production function of central importance
Published online by Cambridge University Press: 01 February 2010
- Frontmatter
- Contents
- Introduction
- PART I POSITIVE GROWTH THEORY
- 1 The welfare of society and economic growth
- 2 The growth process
- 3 A production function of central importance
- 4 The CES production function as a general mean
- 5 Capital–labour substitution and economic growth (in collaboration with Robert M. Solow)
- 6 The long-term growth rate as a random variable, with an application to the US economy
- PART II OPTIMAL GROWTH THEORY
- PART III A UNIFIED APPROACH
- In conclusion: on the convergence of ideas and values through civilizations
- Further reading, data on growth and references
- Index
Summary
- Type
- Chapter
- Information
- Economic GrowthA Unified Approach, pp. 74 - 89Publisher: Cambridge University PressPrint publication year: 2009