Millward, Robert; Ward, Robert - In: Oxford Economic Papers 39 (1987) 4, pp. 719-37
Data for a sample of thirty-five U.K. gas undertakings for 1898 was used to estimate a translog cost function. Labor accou nted for less than 15 percent of total costs. Changes in outlays on c oal have significant effects on total costs. Economies of scale exist but tend to disappear at...
