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THE SHAPE OF PRODUCTION FUNCTIONS AND THE DIRECTION OF TECHNICAL CHANGE* CHARLES I. JONES This paper views the standard production function in macroeconomics as a reduced form and derives its properties from microfoundat
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Document Date: 2005-06-07 13:56:39
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THE SHAPE OF PRODUCTION FUNCTIONS AND THE DIRECTION OF TECHNICAL CHANGE* CHARLES I. JONES This paper views the standard production function in macroeconomics as a reduced form and derives its properties from microfoundat