During cerebral cortex development, precise control of precursor cell cycle length and cell cycle exit is required for balanced precursor pool expansion and layer-specific neurogenesis. Here, we defined the roles of cyclin-dependent kinase inhibitor (CKI) p57^KIP2, an important regulator of G1 phase, using deletion mutant mice. Mutant mice displayed macroencephaly associated with cortical hyperplasia during late embryogenesis and postnatal development. Embryonically, proliferation of radial glial cells (RGC) and intermediate precursors (IPC) was increased, expanding both populations, with greater effect on IPCs. Furthermore, cell cycle re-entry was increased during early corticogenesis, whereas cell cycle exit was augmented at middle stage. Consequently, neurogenesis was reduced early, whereas it was enhanced during later development. In agreement, the timetable of early neurogenesis, indicated by birthdating analysis, was delayed. Cell cycle dynamics analyses in mutants indicated that p57^KIP2 regulates cell cycle length in both RGCs and IPCs. By contrast, related CKI p27^KIP1 controlled IPC proliferation exclusively. Furthermore, p57^KIP2 deficiency markedly increased RGC and IPC divisions at E14.5, whereas p27^KIP1 increased IPC proliferation at E16.5. Consequently, loss of p57^KIP2 increased primarily layer 5-6 neuron production, whereas loss of p27^KIP1 increased neurons specifically in layers 2-5. In conclusion, our observations suggest that p57^KIP2 and p27^KIP1 control neuronal output for distinct cortical layers by regulating different stages of precursor proliferation, and support a model in which IPCs contribute to both lower and upper layer neuron generation.