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.
Regulators base electricity prices or rates on the average operating cost of producing electricity and on a "fair" rate of return on capital for a given year.
A sharp drop in the value of the dollar since February 1985 has created hopes that there will be an increase in net exports that will fuel economic gains both in Ohio and the nation.