haku: @indexterm GROWTH / yhteensä: 1010
viite: 290 / 1010
Tekijä: | Basu, S. Fernald, J.G. |
Otsikko: | Aggregate productivity and aggregate technology |
Lehti: | European Economic Review
2002 : JUN, VOL. 46:6, p. 963-991 |
Asiasana: | BUSINESS CYCLES GROWTH PRODUCTIVITY TECHNOLOGY WELFARE |
Vapaa asiasana: | AGGREGATION |
Kieli: | eng |
Tiivistelmä: | Aggregate productivity and aggregate technology are meaningful but distinct concepts. The authors show that a slightly modified Solow productivity residual measures changes in economic welfare, even when productivity and technology differ because of distortions such as imperfect competition. |
SCIMA