Capital, Distribution, and the Aggregate Production Function
探讨了资本理论中技术再转换现象如何动摇新古典经济学中总量生产函数(替代生产函数)的根基,指出其试图同时代表异质商品技术和直接联系收入分配与要素禀赋的困难。
Recent results in capital theory concerning the reswitching of techniques of production have shaken the foundations of a neoclassical parable according to which the total quantity of output per man is supposed to be a function of the total quantity of capital per man-the Surrogate Production Function-which can be used to predict all behavior in the sense of the wage and profit rates that would prevail in different long-run equilibria or steady states.' The source of the difficulty, it would appear, lies in the fact that the neoclassical parable attempts, as it were, to kill two birds with one stone, namely 1) to provide a general representation (or surrogate) of realistic technologies involving production with heterogeneous commodities, and 2) to link the determination of the (listribution of income directly to the technology itself and to the relative size of factor endowments. It turns out that, in general, not only are realistic