Tadesse, Solomon - William Davidson Institute, University of Michigan - 2005
output,
real value-added, and total factor productivity. Because industry-level performance can
also be affected by a … rate of 1.05% per annum in real
output more than that of the average industry. Over the sample period of 15 years, real …
output for such an industry would have been about 17% higher in 1995, the end of the
study period. To the extent that …