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Examples of Production Relations Based on Microdata

In: The Microeconomic Foundations of Macroeconomics

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  • Tjalling C. Koopmans

    (Yale University)

Abstract

The view has been expressed by many that a meaningful capital theory can and should be developed without ever defining an aggregate capital index. A fine prototype of this approach is Malinvaud’s now classical paper of 1953. The same banner has been unfurled, though not with full identity of views, in Cambridge, England and in Cambridge, Massachusetts.

Suggested Citation

  • Tjalling C. Koopmans, 1977. "Examples of Production Relations Based on Microdata," International Economic Association Series, in: G. C. Harcourt (ed.), The Microeconomic Foundations of Macroeconomics, chapter 5, pages 144-178, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-03236-5_6
    DOI: 10.1007/978-1-349-03236-5_6
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    References listed on IDEAS

    as
    1. Hansen, Terje & Koopmans, Tjalling C., 1972. "On the definition and computation of a capital stock invariant under optimization," Journal of Economic Theory, Elsevier, vol. 5(3), pages 487-523, December.
    2. H. S. Houthakker, 1955. "The Pareto Distribution and the Cobb-Douglas Production Function in Activity Analysis," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(1), pages 27-31.
    3. Tjalling C. Koopmans, 1967. "Intertemporal Distribution and 'Optimal' Aggregate Economic Growth," Cowles Foundation Discussion Papers 228, Cowles Foundation for Research in Economics, Yale University.
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    Cited by:

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    2. Don U. A. Galagedera & Jessica Leung & Farshid Vahid, 2024. "Assessing Degree of Overall Prospect for Merger and Acquisition of Managed Funds: A Relative Performance Perspective," SAGE Open, , vol. 14(2), pages 21582440241, June.
    3. R H Green & W D Cook, 2004. "A free coordination hull approach to efficiency measurement," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(10), pages 1059-1063, October.
    4. Kristiaan Kerstens & Jafar Sadeghi & Ignace Woestyne & John Walden, 2024. "Short-run Johansen frontier-based industry models: methodological refinements and empirical illustration on fisheries," Journal of Productivity Analysis, Springer, vol. 61(1), pages 47-62, February.
    5. Nchare, Karim & Vitouley, Marcel & Kaila, Heidi & Liu, Yanyan, 2022. "A Geometric Analysis of Technological Heterogeneity in the Agricultural Sector: Evidence from Maize in Tanzania," PRCI Research Papers 330119, Michigan State University, Department of Agricultural, Food and Resource Economics, Food Security Group.
    6. Liesiö, Juuso & Andelmin, Juho & Salo, Ahti, 2020. "Efficient allocation of resources to a portfolio of decision making units," European Journal of Operational Research, Elsevier, vol. 286(2), pages 619-636.
    7. Kao, Chiang, 2009. "Efficiency measurement for parallel production systems," European Journal of Operational Research, Elsevier, vol. 196(3), pages 1107-1112, August.

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