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Estimating total factor productivity in a generalized cost system

Author

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  • Philip R. Israilevich
  • K. J. Kowalewski

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.

Suggested Citation

  • Philip R. Israilevich & K. J. Kowalewski, 1987. "Estimating total factor productivity in a generalized cost system," Working Papers (Old Series) 8702, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:8702
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    Keywords

    Electric utilities; Industrial policy;

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