Price Cap Regulation and Productivity Growth

Jeffrey Bernstein

International Productivity Monitor, 2000, vol. 1, 23-28

Abstract: This article by Jeffrey I. Bernstein of Carleton University and the NBER discusses the use of total factor productivity for price setting in regulated industries. He argues that the longterm, industry-wide productivity experience that is not subject to strategic manipulation by regulated firms should be the productivity growth rate used to develop the appropriate offset factor for price cap regulation.

Keywords: Total Factor Productivity; Price Setting; Regulation; Growth; Price Cap; Trends; Targets; Prices; Input; Incentives (search for similar items in EconPapers)
JEL-codes: D24 D40 D62 O31 O32 O33 O38 O47 R38 (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.csls.ca/ipm/1/bernstein-e.pdf (application/pdf)
http://www.csls.ca/ipm/1/bernstein-f.pdf version en francais, pp:23-29 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sls:ipmsls:v:1:y:2000:5

Ordering information: This journal article can be ordered from
http://www.csls.ca

Access Statistics for this article

International Productivity Monitor is currently edited by Andrew Sharpe, Executive Director

More articles in International Productivity Monitor from Centre for the Study of Living Standards 170 Laurier Ave. W, Suite 604, Ottawa, ON K1P 5V5. Contact information at EDIRC.
Bibliographic data for series maintained by CSLS ( this e-mail address is bad, please contact ).