NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence

Susanto Basu, Luigi Pascali, Fabio Schiantarelli, Luis Serven

NBER Working Paper No. 15579
Issued in December 2009

---- Acknowledgements -----

We would like to thank John Haltiwanger, Chad Syverson and the participants at the NBER Summer Institute, NBER Productivity Lunch, Ottawa Productivity Workshop and Bocconi University seminar for helpful discussions and suggestions. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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