SciencesPo (version 1.3.8)

nerlove63: Marc Nerlove's (1963) data

Description

Data used by Marc Nerlove (1963) on returns of electricity supply.
  • totcost costs in 1970, MM USD.
  • output output, billion KwH.
  • plabor price of labor.
  • pfuel price of fuel.
  • pkap price of capital.

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Usage

data(nerlove63)

Arguments

encoding

UTF-8

format

A data frame with 145 observations on the following 5 variables.

source

Hayashi, F. (2000). Econometrics. Princeton. New Jersey, USA: Princeton University. http://fmwww.bc.edu/ec-p/data/Hayashi/

References

Nerlove, M. (1963) Returns to Scale in Electricity Supply. In Measurement in Economics-Studies in Mathematical Economics and Econometrics in Memory of Yehuda Grunfeld, edited by Carl F. Christ. Stanford: Stanford.