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values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …
Persistent link: https://www.econbiz.de/10003925275
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10009535843
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …
Persistent link: https://www.econbiz.de/10003914097
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10013107706
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10013153299
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …
Persistent link: https://www.econbiz.de/10013147433
Persistent link: https://www.econbiz.de/10012504114
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10011394520
: current and future total factor productivity and the capital stock per capita. These variables suffice to calculate welfare … production technology and the degree of market competition. It applies to open economies as well, if total factor productivity is … factor productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need …
Persistent link: https://www.econbiz.de/10011395312
Persistent link: https://www.econbiz.de/10003942096