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the Cambridge Capital Theory Controversies, various aggregation problems, and the problems posed by the use of value data … production function in growth theory in the light of various criticisms that have been levelled at it. These criticisms include …
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undermined its raison d'être. They are the Cambridge Capital Theory Controversies, the Aggregation Problem, and the Accounting …) growth theory, which is presented in most economics departments and macroeconomics textbooks as the only theory worth …
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This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
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