symmetrical, as the neoclassical theory treated them. Related to this is Pasinetti's dismissal of the distinction neoclassical …

always redistribute capital toward more efficient firms and always to improve an industry’s total factor productivity …. However, it may reduce capital prices and cause labor productivity to drop. Low efficiency firms are affected mainly by …

always redistribute capital toward more efficient firms and always to improve an industry's total factor productivity …. However, it may reduce capital prices and cause labor productivity to drop. Low efficiency firms are affected mainly by …

total factor productivity growth (TFPG). Embedding Dobbelaere and Mairesse's (2009) generalization of Hall's (1990) approach … competition measure does not affect the level of productivity change. …