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  2. APPLIED PAPER

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp10-05.pdf
    19 Oct 2023: trends and cycles in economic time series”, Review of Economics and Statistics. ... Inflation in Five Countries”, Review of Economics and Statistics, 85(4), 1076-1081.
  3. APPENDIX

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-09.pdf
    19 Oct 2023: 87, pp. 923-939. Shaikh, A. (1974), “Laws of Production and Laws of Algebra, the Humbug Production Function”, Review of Economics and Statistics, vol.56, pp. ... 30, pp. 93-94. Solow, R.M. (1974) “Laws of Production and Laws of Algebra: The Humbug
  4. On Accounting Identities and Aggregate Production Functions: A…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-10.pdf
    19 Oct 2023: First, however, we briefly review the critique. AGGREGATE PRODUCTION FUNCTIONS AND THE ACCOUNTING IDENTITY. ... year period, the statistics were then summed and used to estimate an aggregate.
  5. On Accounting Identities and Aggregate Production Functions: A…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-09.pdf
    19 Oct 2023: aggregate production function and, hence, neoclassical growth theory. First,. however, we briefly review the critique. ... over a twenty-year period, the statistics were then summed and used to estimate.
  6. 1 The ‘Fallacy of Composition’ Market Failure: A Sufficient ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/yiannisthanospaperfnl2.pdf
    19 Oct 2023: Thanos Skouras is Emeritus Professor of Economics, Athens University of Economics and Business, Greece. ... Samuelson, P. (1954), “The Pure Theory of Public Expenditure”, Review of Economics and Statistics, 36, 387-389.
  7. Innovation, export performance and trade elasticities across…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0419.pdf
    19 Oct 2023: 2013) carried out a vast review of the studies that have estimated export and. ... Grilliches (1990, p. 1700) argued, “patent statistics remain a unique resource for the.
  8. Regional Growth, Estimates of Agglomeration Economies and the…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp04-12.pdf
    19 Oct 2023: It is not. possible, given space considerations, to undertake a comprehensive review of the many. ... production function are extremely problematic in the extreme. 3. 2. Production Functions and External Economies to Scale: Some Theoretical Issues One of
  9. Technical Progress Function WP 02-15

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/technicalprogressfunctionwp0215.pdf
    19 Oct 2023: seminal 1972 paper, “The Irrelevance of Equilibrium Economics”. In this, Kaldor was heavily. ... The. figures in parentheses are the t-statistics. The coefficient of the growth of output is not.
  10. INFLATION TARGETING: ASSESSING THE EVIDENCE

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp12-05.pdf
    19 Oct 2023: We review the evidence for both developed and emerging economies. The emphasis, though, is on emerging economies, which can be thought of as preparing the ground for the chapter to follow ... Faust and D.W. Henderson), Federal Reserve Bank of St. Louis
  11. The Tyranny of the Accounting Identity Works Full Time: A Rejoinder…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-12.pdf
    19 Oct 2023: dealt with some of them in our earlier reply (Felipe and McCombie, 2010a). ... Kimball. 2006. Are technology improvements contractionary? American Economic Review, 96, no.

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