Burda, Michael C.; Severgnini, Battista - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
For more than fifty years, the Solow decomposition (Solow 1957) has served as the standard measurement of total factor productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock is poorly measured. Using synthetic data...