The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy
---- Acknowledgments ----
Erika Farnstrand Damsgaard gratefully acknowledges financial support from the Jan Wallander and Tom Hedelius Research Foundation and the Gustaf Douglas Research Program on Entrepreneurship at IFN. Per Krusell gratefully acknowledges financial support from the European Research Council. We would like to thank Fabrice Collard, John Hassler, and seminar participants at the IIES Brown Bag Seminar, the University of Munich, Queens University, the NHH-UiO Workshop in Economic Dynamics 2007, the 8th SAET Conference 2007, the Swedish Riksbank, the SED Annual Meeting 2008, and the 6th Hydra Workshop on Dynamic Macroeconomics 2008 for valuable comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.