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Economies of Scale and Constant Returns to Capital: A Neglected Early Contribution to the Theory of Economic Growth.
- Source :
- American Economic Review; Mar2000, Vol. 90 Issue 1, p292-295, 4p
- Publication Year :
- 2000
-
Abstract
- The author draws attention to the almost contemporaneous contribution of Marvin Frankel (1962), 'The Production Function in Allocation and Growth: A Synthesis.' The author feels that Frankel's paper anticipates ideas in use in the modern literature and deserves wider recognition. However, it has lain unnoticed for the last 26 years, despite being published in this journal. Subsequently, the author asks why Frankel's paper attracted so little attention at the time and why it has remained in obscurity for so long.
- Subjects :
- ECONOMIC development
PRODUCTION functions (Economic theory)
Subjects
Details
- Language :
- English
- ISSN :
- 00028282
- Volume :
- 90
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- American Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- 3021266
- Full Text :
- https://doi.org/10.1257/aer.90.1.292