createdata: Create data set for analysis.

View source: R/createdata.R

createdataR Documentation

Create data set for analysis.

Description

This function creates the data objects (matrices, vectors and scalars) necessary to implement the SI and NI.

Usage

createdata(country, year, datasea, dataio)

Arguments

country

country code as a character (e.g. "USA").

year

year (eg. 2000).

datasea

the socio economic accounts (data frame).

dataio

the input-output (data frame).

Value

A list with the following elements:

Ahat

The input-output matrix

l

The direct labor input vector (complex labor)

l_simple

The direct labor input vector (simple labor)

Q

The gross output vector

wavg

The average or uniform nominal wage rate

wagevector_all

The vector of nominal wage rates

vlp

Value of labor power

b

The consumption or real wage bundle

pshare

Average profit share

References

Basu, Deepankar and Moraitis, Athanasios, "Alternative Approaches to Labor Values andPrices of Production: Theory and Evidence" (2023). Economics Department Working Paper Series. 347. URL: https://scholarworks.umass.edu/econ_workingpaper/347/

Examples


createdata(country="USA",year=2010,datasea=usasea,dataio=usaiot)



clptheory documentation built on April 4, 2023, 5:15 p.m.