Uncertainty and the measurement of produ
✍
Elie Appelbaum
📂
Article
📅
1991
🏛
Springer
🌐
English
⚖ 646 KB
The purpose of this paper is to provide an empirically implementable framework for the analysis of the effects of uncertainty on firm behavior. In particular, the paper provides a model which can be used to calculate productivity growth for finns facing uncertainty and to decompose the growth in tot