Financial Costs in the Structural Price Equation: Some Comparisons Between Private and State Enterprises

In the First Part of the Paper, I Discuss the Theoretical Foundations of a Log-Linear, Price Equation Expressed in Terms of Average Costs of Inputs Instead of the Input Prices. the Main Interest in This Approach Is to Take Into Consideration the Effect of Technological Changes on the Input Shares And, in Particular, the Share of Financial Cost in the Price Equation. in the Last Part of the Paper, I Comment the Econometric Results Obtained for All Canadians Firms, for Two Sub-Groups, for Firms in the Public Utility Sector and for Firms in Other Industrial Sectors Such As Manufacturing, Mining and Construction.