ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Production Function Some Methodological Issues

Using an Aggregate Production Function

Pranjul Bhandari's use of the Cobb-Douglas production function in "Decoding the Growth Target" (EPW, 16 March 2013) suffers from two sets of interrelated methodological problems. The first one is at the theoretical level and the second one is empirical in nature.

 



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