Working Paper

Estimating total factor productivity in a generalized cost system


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;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Working Papers (Old Series)

Publication Date: 1987

Number: 8702