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

Author

Listed:
  • Martín Rossi

    (Department of Economics, Universidad de San Andres)

Abstract

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.

Suggested Citation

  • Martín Rossi, 2015. "Using Labor Productivity Change Estimates as an Input for X-Factors in Price-Cap Regulation," Working Papers 118, Universidad de San Andres, Departamento de Economia, revised Feb 2015.
    • Handle: RePEc:sad:wpaper:118
    as

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    File URL: https://webacademicos.udesa.edu.ar/pub/econ/doc118.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    stochastic frontiers; productivity; technical change;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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