productivity performance of the iraninan electric power industry
نویسندگان
چکیده
this paper is concerned with the estimation of total factor productivity (tfp) growth for the iranian electric utilities during the period 1980-1993 on the basis of panel data. a translog cost function is used which accommodates firm - specific variability through a one - way error component model. the results show that the iranian electricity supply industry experienced increasing returns to scale (irs) during the period 1980-93, a high rate of technical change and total factor productivity growth during this period. factor bias of technical change shows that the electricity supply industry has been labor and fuel saving.
منابع مشابه
Productivity Performance of The Iraninan Electric Power Industry
This paper is concerned with the estimation of total factor productivity (TFP) growth for the Iranian electric utilities during the period 1980-1993 on the basis of panel data. A translog cost function is used which accommodates firm - specific variability through a one - way error component model. The results show that the Iranian electricity supply industry experienced increasing returns to s...
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عنوان ژورنال:
iranian economic reviewجلد ۴، شماره ۴، صفحات ۸۰-۱۰۸
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