Categorized production function: a note

dai, feng (2012): Categorized production function: a note.

Abstract

On the basis of the current production function, this paper categorizes the industries in an economy into the traditional and emerging industries, builds a categorized production function (CPF) and defines the innovation efficiency. We can repeat all the researches about original production function by the categorized production function, and will get many different results.

• Item Type: MPRA Paper
• Language: English
• Keywords: economic output; traditional and emerging industries; categorized production function (CPF); innovation efficiency
• Subjects: O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence; E - Macroeconomics and Monetary Economics > E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment > E23 - Production; O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General

References

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