Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence
收藏NBER2009-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15579
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资源简介：
We prove that in a closed economy without distortionary taxation, the welfare of a representative consumer is summarized to a first order by the current and expected future values of the Solow productivity residual in level and by the initial endowment of capital. The equivalence holds if the
提供机构：
美国国家经济研究局
创建时间：
2009-12-01
