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• W2076272021 abstract "In this paper the Averch-Johnson thesis of a capital bias in regulated firms is examined empirically. This is accomplished by estimating a system of factor demand functions using individual plant data from the electric power industry. Results obtained do not provide support for the A-J effect and it is suggested that there are a number of reasons this could have been expected a priori. finally, the implied parameters of the production function are derived and presented; the values are in line with other estimates of the production function for the electric power industry." @default.
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• W2076272021 date "1976-03-01" @default.
• W2076272021 modified "2023-10-13" @default.
• W2076272021 title "AN EMPIRICAL EXAMINATION OF THE AVERCH-JOHNSON EFFECT" @default.
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• W2076272021 doi "https://doi.org/10.1111/j.1465-7295.1976.tb00374.x" @default.
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