yearly observations of 22 firms from 1971 to 1986
number of observations : 268
country : USA
economic topic : producer behavior
econometrics topic : error component
A dataframe containing :
the variable cost
the output, a multilateral index of actual seat miles flown
capital index, passenger seating and cargo tonnage capacity available for use
material price index
fuel price index
user cost of capital
the share of labor cost
the share of material cost
stage length, average length in miles of a firm's flights
Journal of Applied Econometrics data archive : http://jae.wiley.com/jae/.
Badi H. Baltagi, James M. Griffin (1998) “Excess Capacity: A Permanent Characteristic of U.S. Airlines”, Journal of Applied Econometrics, 13(5), 645–657.
H. Baltagi, James M. Griffin (1995) “Airline deregulation : the cost pieces of the puzzle”, International Economic Review, 36, 245–259.
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