Accession Number : AD0622765

Title :   AGGREGATIVE PRODUCTION FUNCTIONS AND ECONOMIC GROWTH POLICY,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Nelson,Richard R.

Report Date : OCT 1965

Pagination or Media Count : 25

Abstract : Contents (the guidance for U. S. economic growth policy that is provided by the present knowledge of the relationship between aggregative inputs and the production possibilities open to an economy): Uncertainties about the aggregate production function; scope of theory (the weak links to policy instruments and objectives); role of theory in growth policy; strategy of policy making in situations where knowledge is mostly qualitative; proposed industrial expansion service before the U. S. Congress.

Descriptors :   (*ECONOMICS, UNITED STATES), UNITED STATES GOVERNMENT, INDUSTRIAL PRODUCTION, INDUSTRIES, SCIENTIFIC RESEARCH, COMMERCE

Distribution Statement : APPROVED FOR PUBLIC RELEASE