Christensen's and Greene's (1976) Data

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Description

Data set used by Christensen and Greene (1976) on economies of scale in US electric power generation.

Usage

1

Format

A data frame with 99 observations on the following 8 variables. See Hayashi (2000) for more details.

firmid

Observation id

costs

Costs in 1970, MM USD

output

Output, million KwH

plabor

Price of labor

pkap

Price of capital

pfuel

Price of fuel

labshr

Labor's cost share

kapshr

Capital's cost share

Source

Hayashi, F. (2000) Econometrics. Princeton. New Jersey, USA: Princeton University.

http://fmwww.bc.edu/ec-p/data/Hayashi/

References

Christensen, L. R., and Greene, W. H. (1976) Economies of scale in US electric power generation. The Journal of Political Economy, 655–676.

Examples

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