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Productivity, Welfare and Reallocation : Theory and Firm-Level Evidence

A considerable literature has focused on the determinants of total factor productivity (TFP), prompted by the empirical finding that TFP accounts for the bulk of long-term growth. This paper offers a deeper reason for such focus: the welfare of a r...

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Bibliographic Details
Main Authors: Basu, Susanto, Pascali, Luigi, Schiantarelli, Fabio, Serven, Luis
Language:English
Published: 2012
Subjects:
AGGREGATE PRODUCTION FUNCTION
ALLOCATIVE EFFICIENCY
ARMA
AVERAGE PRODUCTIVITY
AVERAGE PRODUCTIVITY GROWTH
BALANCE SHEET
BALANCE SHEETS
BASIC
BENCHMARK
BONDS
BUSINESS CYCLES
CAPITAL ACCUMULATION
CAPITAL INCOME
CAPITAL INPUT
CAPITAL STOCK
CHANGE IN TECHNOLOGY
CLOSED ECONOMY
COMMERCIAL BANKS
COMPONENTS
CONSTANT RATE
CONSTANT RETURNS
CONSTANT RETURNS TO SCALE
CONSUMERS
CONSUMPTION GOODS
DEREGULATION
DISCOUNTED VALUE
DYNAMIC MODEL
ECONOMETRICS
ELASTICITY
ELECTRICITY
EMPLOYMENT
EQUIPMENT
ESP
EXTERNALITIES
FACTOR GROWTH
FACTOR MARKETS
FUTURE RESEARCH
GDP
GOVERNMENT EXPENDITURE
GOVERNMENT EXPENDITURES
GROSS OUTPUT
GROWTH ACCOUNTING
GROWTH RATE
GROWTH RATES
IMPERFECT COMPETITION
IMPUTATION
INCOME TAXES
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDEX NUMBERS
INDUSTRIAL STRUCTURE
INDUSTRY PRODUCTIVITY
INNOVATION
INNOVATIONS
INSURANCE
INTERNATIONAL COMPARISON
INVENTORY
LABOR INPUT
LABOR MARKET
LABOR PRODUCTIVITY
MACROECONOMIC GROWTH
MACROECONOMICS
MANPOWER
MANUFACTURING
MANUFACTURING INDUSTRIES
MANUFACTURING INDUSTRY
MARGINAL COSTS
MARGINAL PRODUCT
MARGINAL PRODUCTS
MARKET IMPERFECTIONS
MARKET PRICE
MARKUP
NATIONAL INCOME
NDP
OPPORTUNITY COST
OPTIMIZATION
OWNERSHIP STRUCTURE
PC
PERFECT COMPETITION
PRICE TAKERS
PRODUCTION FUNCTION
PRODUCTION FUNCTIONS
PRODUCTIVITIES
PRODUCTIVITY
PRODUCTIVITY CHANGE
PRODUCTIVITY GROWTH
REAL GDP
REAL INTEREST RATE
RESULT
RESULTS
RETAIL TRADE
STOCK PRICES
TAXATION
TECHNICAL CHANGE
TECHNICAL PROGRESS
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TELECOMMUNICATIONS EQUIPMENT
TFP
TIME PERIOD
TIME PERIODS
TOTAL EXPENDITURE
TOTAL FACTOR PRODUCTIVITY
USER
USES
UTILITY FUNCTION
UTILITY VALUE
VALUATION
VALUE ADDED
WEB
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100302082024
http://hdl.handle.net/10986/3713

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100302082024
http://hdl.handle.net/10986/3713

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