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- W2052809360 abstract "SUMMARY Aggregate economic activity is determined by the point of intersection between the aggregate demand function and the aggregate supply function. Recently, economists pay little attention to the determinants of aggregate supply function. Therefore, a gap remains between the quite well‐advanced theories of the aggregate supply. In this paper I construct a model that describes the supply side of a macroeconomy. Within the framework of the Keynesian system and the classical system, the relationship between technological change and aggregate supply function is examined. It is shown that technological change will shift the aggregate supply function to the right." @default.
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- W2052809360 date "1977-02-01" @default.
- W2052809360 modified "2023-10-16" @default.
- W2052809360 title "TECHNOLOGICAL CHANGE AND AGGREGATE SUPPLY FUNCTION" @default.
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- W2052809360 doi "https://doi.org/10.1111/j.1467-999x.1977.tb00575.x" @default.
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