This paper uses a translog profit function to analyze economic efficiency in rural electric distribution cooperatives for the period 1974-1982. Hypotheses dealing with absolute price efficiency, the effect of capital on profit and the effect of service area density on profit are tested. The...

This paper examines the short- and long-term effects of urbanization, via favorable urban development policies, on income distribution and social welfare for a developing country. The urban manufacturing sector is characterized by imperfect competition and free entry. Urbanization shifts rural...

This paper presents a game theoretic model of property tax assessment that allows a tax appraiser to either choose a high or a low assessment. The owner either accepts or challenges this assessment. A ‘‘fixed effects’’ regression model is used to evaluate the...