Description Usage Format Source References Examples
Data set used by Christensen and Greene (1976) on economies of scale in US electric power generation.
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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
Hayashi, F. (2000) Econometrics. Princeton. New Jersey, USA: Princeton University.
http://fmwww.bc.edu/ec-p/data/Hayashi/
Christensen, L. R., and Greene, W. H. (1976) Economies of scale in US electric power generation. The Journal of Political Economy, 655–676.
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