Economics of Scale Versus Technological Change: An Aggregate Product Function for Switzerland
估计瑞士总量生产函数，发现存在递增规模报酬且非希克斯中性，属于节约劳动和进口、使用资本的技术，并量化了使用不变规模报酬模型导致的估计偏差。
In estimating a production function for an economy, constant returns to scale has been a traditionally maintained hypothesis. In modelling Switzerland's gross output as a function of labor, capital and imports, a general functional form is selected which displays increasing returns to scale and is not Hicks-neutral. It is a technology which is labor saving, import saving and capital using. This paper also quantifies the mismeasurements associated with using a constant returns to scale model to estimate such variables as own-elasticities of demand, elasticities of substitution, impacts on factor income and rate of technical progress.