Aggregate productivity and aggregate technology
نویسندگان
چکیده
منابع مشابه
Is There Really a Gap Between Aggregate Productivity and Technology?
The important contribution by Basu and Fernald (European Economic Review, 2002, 46) shows that, in practice, there is a statistically significant gap between aggregate productivity and technology that can be attributed to inefficient product and labour markets. This is important, as it implies that the Solow residual is an imperfect index for aggregate technology change. We take a related appro...
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ژورنال
عنوان ژورنال: European Economic Review
سال: 2002
ISSN: 0014-2921
DOI: 10.1016/s0014-2921(02)00161-7