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Scott Carter (2011) reproduces and discusses correspondence between Simon and Solow in 1971, where Simon first outlined his critique that estimations of production functions merely capture an ...
This is a preview. Log in through your library . Abstract We study Ackerberg, Caves, and Frazer's (Econometrica, 2015, 83, 2411–2451; hereafter ACF) production function estimation method usingMonte ...