Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009
finding, we compute firm and industry contributions to welfare for a set of European OECD countries (Belgium, France, Great … Britain, Italy, and Spain), using industry]level (EU]KLEMS) and firm]level (Amadeus) data. After adding further assumptions … values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …