CartelStability

Description

Weekly observations on prices and other factors from 1880–1886, for a total of 326 weeks.

Usage

data("CartelStability")

Format

A data frame containing 328 observations on 5 variables.

price

weekly index of price of shipping a ton of grain by rail.

cartel

factor. Is a railroad cartel operative?

quantity

total tonnage of grain shipped in the week.

season

factor indicating season of year. To match the weekly data, the calendar has been divided into 13 periods, each approximately 4 weeks long.

ice

factor. Are the Great Lakes innavigable because of ice?

Source

Online complements to Stock and Watson (2007).

References

Porter, R. H. (1983). A Study of Cartel Stability: The Joint Executive Committee, 1880–1886. The Bell Journal of Economics, 14, 301–314.

Stock, J.H. and Watson, M.W. (2007). Introduction to Econometrics, 2nd ed. Boston: Addison Wesley.

See Also

StockWatson2007

Examples

data("CartelStability")
summary(CartelStability)