In this article we propose a new methodology for computing the aggregate productivity of an industry, its variations and decompositions of the latter into changes of individual productivities (within effect) and changes in industry composition (between effect). Current aggregate measures rely on some weighted average of individual productivities, and decompositions distinguish between the effect of […]
Author Archive | Giovanni Dosi, Marco Grazzi, Le Li, Luigi Marengo and Simona Settepanella
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