“…Some years later, it was shown in [12] that under some mild conditions, the production function of an industry has at most one micro-founded description in this framework, and this description can be obtained using an explicit formula. This framework has proven to be a successful tool for studying and understanding macroeconomic processes in such countries as Norway, Sweden, USA, India, Japan and others, see, e.g., [15,20,21]. In particular, this model has been shown to be well adapted to take into account the changes in the production process caused by scientific and technological progress, see [15].…”