Cost Function for Electricity Producers

Description

a cross-section from 1970 to 1970

number of observations : 158

observation : production units

country : United States

Usage

data(Electricity)

Format

A dataframe containing :

cost

total cost

q

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

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, https://archive.org/details/econometricanaly0000gree_f4x3, chapter 4, 317-320.

Hayashi, F. (2000) Econometrics, Princeton University Press, https://archive.org/details/econometrics0000haya, chapter 1, 76-84.

See Also

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