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.
. (2000). Productivity Performance of The Iraninan Electric Power Industry. Iranian Economic Review, 4(4), 80-108. https://doi.org/10.22059/ier.2000.30879
MLA
. "Productivity Performance of The Iraninan Electric Power Industry", Iranian Economic Review, 4, 4, 2000, 80-108. doi: 10.22059/ier.2000.30879
HARVARD
. (2000). 'Productivity Performance of The Iraninan Electric Power Industry', Iranian Economic Review, 4(4), pp. 80-108. doi: 10.22059/ier.2000.30879
CHICAGO
, "Productivity Performance of The Iraninan Electric Power Industry," Iranian Economic Review, 4 4 (2000): 80-108, doi: 10.22059/ier.2000.30879
VANCOUVER
. Productivity Performance of The Iraninan Electric Power Industry. IER. 2000;4(4):80-108. doi: 10.22059/ier.2000.30879