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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 …
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contributions to welfare for a set of European OECD countries (Belgium, France, Great Britain, Italy, Spain), using industry … values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …
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How costly is the misallocation of production that we might expect to result from distortions such as market power, incomplete contracts, taxes, regulations, or corruption? This paper develops new tools for the study of misallocation that place minimal assumptions on firms' underlying...
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Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices, and various other market distortions. This paper considers the historical development of Harberger triangles, the associated theoretical controversies, and the contribution of...
Persistent link: https://www.econbiz.de/10013237933