On some relations between a continuous time Luenberger productivity indicator and the Solow model
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We introduce well-known microeconomics productivity measures in Solow models in discrete time or continuous time by adopting a Luenberger-type approach. In each framework, we derive the productivity indicators and the dynamical paths. Firstly, we show that the expression of the productivity indicators are similar to the well-known Solow residuals, allowing us to make ananalogy between a firm's behaviour in a microeconomic setting and a country's behaviour in a macroeconomic setting. Secondly, we demonstrate that the properties of the paths are similar in both frameworks
Briec , W & Lasselle , L S Z 2021 , ' On some relations between a continuous time Luenberger productivity indicator and the Solow model ' , Bulletin of Economic Research , vol. Early View . https://doi.org/10.1111/boer.12305
Bulletin of Economic Research
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