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

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.

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Year of publication:	2015-02
Authors:	Rossi, Martín
Institutions:	Departamento de Economía, Universidad de San Andrés
Subject:	stochastic frontiers \| productivity \| technical change

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 118 21 pages
Classification:	O3 - Technological Change; Research and Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011189199