Nerlove                package:Ecdat                R Documentation

_C_o_s_t _F_u_n_c_t_i_o_n _f_o_r _E_l_e_c_t_r_i_c_i_t_y _P_r_o_d_u_c_e_r_s, _1_9_5_5

_D_e_s_c_r_i_p_t_i_o_n:

     a cross-section from 1955

     _number of observations_ :  159

     _observation_ :  production units

     _country_ :  United States

_U_s_a_g_e:

     data(Nerlove)

_F_o_r_m_a_t:

     A dataframe containing :

     _c_o_s_t total cost

     _o_u_t_p_u_t total output

     _p_l wage rate

     _s_l cost share for labor

     _p_k capital price index

     _s_k cost share for capital

     _p_f fuel price

     _s_f cost share for fuel

_S_o_u_r_c_e:

     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.

_R_e_f_e_r_e_n_c_e_s:

     Greene, W.H. (2003) _Econometric Analysis_, Prentice Hall, <URL:
     http://www.prenhall.com/greene/greene1.html>, Table F14.2.

     Hayashi, F. (2000) _Econometrics_, Princeton University Press,
     <URL:
     http://www.e.u-tokyo.ac.jp/~hayashi/hayashi_econometrics.htm>,
     chapter 1, 76-84,.

_S_e_e _A_l_s_o:

     'Index.Books', 'Index.Economics', 'Index.Econometrics',
     'Index.Observations'

