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Working Paper

Estimating Total Factor Productivity in a Generalized Cost System

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

Israilevich, Philip, and Kim J. Kowalewski. 1987. “Estimating Total Factor Productivity in a Generalized Cost System.” Federal Reserve Bank of Cleveland, Working Paper No. 87-02.