Excess Capacity in Us Airlines

Description

yearly observations of 22 firms from 1971 to 1986

number of observations : 268

country : USA

economic topic : producer behavior

econometrics topic : error component

Usage

1

Format

A dataframe containing :

firm

the firm

year

the year

cost

the variable cost

output

the output, a multilateral index of actual seat miles flown

capital

capital index, passenger seating and cargo tonnage capacity available for use

pl

wage index

pm

material price index

pf

fuel price index

pk

user cost of capital

sl

the share of labor cost

sm

the share of material cost

revshare

revenu share

stage

stage length, average length in miles of a firm's flights

Source

Journal of Applied Econometrics data archive : http://jae.wiley.com/jae/.

References

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.

See Also

Index.Economics, Index.Econometrics

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