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On some relations between a continuous time Luenberger productivity indicator and the Solow model
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dc.contributor.author | Briec, Walter | |
dc.contributor.author | Lasselle, Laurence Sylviane Zenna | |
dc.date.accessioned | 2022-07-22T23:40:30Z | |
dc.date.available | 2022-07-22T23:40:30Z | |
dc.date.issued | 2021-07-23 | |
dc.identifier.citation | 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 | en |
dc.identifier.issn | 0307-3378 | |
dc.identifier.other | PURE: 274689510 | |
dc.identifier.other | PURE UUID: 904e547e-552d-4173-9f60-6ce832f896a6 | |
dc.identifier.other | ORCID: /0000-0003-4058-0719/work/97884448 | |
dc.identifier.other | Scopus: 85110945391 | |
dc.identifier.other | WOS: 000676130600001 | |
dc.identifier.uri | http://hdl.handle.net/10023/25698 | |
dc.description.abstract | 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 | |
dc.language.iso | eng | |
dc.relation.ispartof | Bulletin of Economic Research | en |
dc.rights | Copyright © 2021 Board of Trustees of the Bulletin of Economic Research and John Wiley & Sons Ltd. This work has been made available online in accordance with publisher policies or with permission. Permission for further reuse of this content should be sought from the publisher or the rights holder. This is the author created accepted manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1111/boer.12305 | en |
dc.subject | Technical efficiency | en |
dc.subject | Technological progress | en |
dc.subject | Directional distance function | en |
dc.subject | Proportional distance | en |
dc.subject | HB Economic Theory | en |
dc.subject | T-NDAS | en |
dc.subject.lcc | HB | en |
dc.title | On some relations between a continuous time Luenberger productivity indicator and the Solow model | en |
dc.type | Journal article | en |
dc.description.version | Postprint | en |
dc.contributor.institution | University of St Andrews. School of Management | en |
dc.contributor.institution | University of St Andrews. Centre for Responsible Banking and Finance | en |
dc.identifier.doi | https://doi.org/10.1111/boer.12305 | |
dc.description.status | Peer reviewed | en |
dc.date.embargoedUntil | 2022-07-23 |
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