where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …

welfare (even in situations where it does not properly measure technology) and makes it possible to calculate the … about technology and market structure (firms minimize costs and face common factor prices), we show that changes in welfare …

country, as well as welfare differences across countries. The result holds regardless of the type of production technology and …

compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …

trend (purely external non-economic) as well as other exogenous (external economic) factors (technology shifters). We define … technology index based on the external economic factors which are indicators of 'technology'. Thus our definition of production … function is amended to accommodate several technology shifters which are not separable from the traditional inputs. That is …

call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …

economies are utilizing advances in technology. However, this measure is problematic on several different dimensions. First, the … idea that it is possible to separate out the relative contribution to economic output of labor, capital, and technology …