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Ecdat (version 0.2-9)

Nerlove: Cost Function for Electricity Producers, 1955

Description

a cross-section from 1955 to 1955

number of observations : 159

observation : production units

country : United States

Usage

data(Nerlove)

Arguments

Format

A dataframe containing :
cost
total cost
output
total output
pl
wage rate
sl
cost share for labor
pk
capital price index
sk
cost share for capital
pf
fuel price
sf
cost share for fuel

Source

Nerlove, M. (1963) Returns to scale in electricity industry in Christ, C. ed. (1963) Measurment in economics: studies in mathematical economics and econometrics in memory of Yehuda Grunfeld , Standford, California, Standford University Press . Christensen, L. and W. H. Greene (1976) “Economies of scale in U.S. electric power generation”, Journal of Political Economy, 84, 655-676.

References

Greene, W.H. (2003) Econometric Analysis, Prentice Hall, http://www.prenhall.com/greene/greene1.html, Table F14.2.

Hayashi, F. (2000) Econometrics, Princeton University Press, http://fhayashi.fc2web.com/hayashi_econometrics.htm, chapter 1, 76-84.

See Also

Index.Source, Index.Economics, Index.Econometrics, Index.Observations