Aggregation of Productivity Indices: The Allocative Efficiency Correction

T. Ten Raa

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Abstract

Industry productivity is obtained by aggregation of firm productivities and inclusion of the appropriate allocative efficiency terms, one for each firm.This paper identifies the latter correction terms.
Original languageEnglish
Place of PublicationTilburg
PublisherMacroeconomics
Number of pages9
Volume2004-62
Publication statusPublished - 2004

Publication series

NameCentER Discussion Paper
Volume2004-62

Keywords

  • aggregation
  • productivity
  • efficiency
  • allocation

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