Estimating total factor productivity in a generalized cost system

Philip R. Israilevich and K. J. Kowalewski

No 8702, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A description of two ways of adding an equation for total factor productivity to the generalized cost system of Atkinson and Halvorsen; includes a discussion of testing for regulatory biases.

Keywords: Electric utilities; Industrial policy (search for similar items in EconPapers)
Date: 1987
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