Using Labor Productivity Change Estimates as an Input for X-Factors in Price-Cap Regulation

Martín Rossi

No 118, Working Papers from Universidad de San Andres, Departamento de Economia

Abstract: In this paper I provide an estimate of labor productivity growth for the electricity distribution sector in Latin America, in the period 1994 to 2001. I report an annual rate of labor productivity change of about 6%. A comparison of the changes in prices and labor productivity reveals that, in most cases, final prices to customers did not fall to reflect the huge labor productivity gains that were achieved during the period under analysis.

Keywords: stochastic frontiers; productivity; technical change (search for similar items in EconPapers)
JEL-codes: O3 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2015-02, Revised 2015-02
New Economics Papers: this item is included in nep-eff and nep-lam
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https://webacademicos.udesa.edu.ar/pub/econ/doc118.pdf First version, 2015 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:sad:wpaper:118

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