USAirlines | R Documentation |
Cost data for six US airlines in 1970–1984.
data("USAirlines")
A data frame containing 90 observations on 6 variables.
factor indicating airline firm.
factor indicating year.
output revenue passenger miles index number.
total cost (in USD 1000).
fuel price.
average capacity utilization of the fleet.
Online complements to Greene (2003). Table F7.1.
https://pages.stern.nyu.edu/~wgreene/Text/tables/tablelist5.htm
Greene, W.H. (2003). Econometric Analysis, 5th edition. Upper Saddle River, NJ: Prentice Hall.
Greene2003
data("USAirlines")
## Example 7.2 in Greene (2003)
fm_full <- lm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load + year + firm,
data = USAirlines)
fm_time <- lm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load + year,
data = USAirlines)
fm_firm <- lm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load + firm,
data = USAirlines)
fm_no <- lm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load, data = USAirlines)
## Table 7.2
anova(fm_full, fm_time)
anova(fm_full, fm_firm)
anova(fm_full, fm_no)
## alternatively, use plm()
library("plm")
usair <- pdata.frame(USAirlines, c("firm", "year"))
fm_full2 <- plm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load,
data = usair, model = "within", effect = "twoways")
fm_time2 <- plm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load,
data = usair, model = "within", effect = "time")
fm_firm2 <- plm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load,
data = usair, model = "within", effect = "individual")
fm_no2 <- plm(log(cost) ~ log(output) + I(log(output)^2) + log(price) + load,
data = usair, model = "pooling")
pFtest(fm_full2, fm_time2)
pFtest(fm_full2, fm_firm2)
pFtest(fm_full2, fm_no2)
## More examples can be found in:
## help("Greene2003")
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