Bonga-bonga, Lumengo - In: South African Journal of Economics 77 (2009) 2, pp. 332-349
This paper assesses the validity of the constant elasticity of substitution (CES) and the Cobb-Douglas (CD) production functions in modelling the aggregate production function and computing the total factor productivity (TFP) in South Africa for the period 1970-2006. The CES function is...
