electricity

This dataset is on electric power generation in the United States.

datasets

Maximum likelihood estimation for stochastic frontier
analysis (SFA) of production (profit) and cost functions. The package
includes the basic stochastic frontier for cross-sectional or pooled
data with several distributions for the one-sided error term (i.e.,
Rayleigh, gamma, Weibull, lognormal, uniform, generalized exponential
and truncated skewed Laplace), the latent class stochastic frontier
model (LCM) as described in Dakpo et al. (2021)
<doi:10.1111/1477-9552.12422>, for cross-sectional and pooled data,
and the sample selection model as described in Greene (2010)
<doi:10.1007/s11123-009-0159-1>, and applied in Dakpo et al. (2021)
<doi:10.1111/agec.12683>. Several possibilities in terms of
optimization algorithms are proposed.

K Herv<c3><a9> Dakpo

sfaR

Stochastic Frontier Analysis Routines

K Hervé Dakpo

Yann Desjeux

Arne Henningsen

Laure Latruffe

electricity function

A data frame with 123 observations on the following 9 variables.<dl>
<dt>firm</dt>
<dd>Firm identification.</dd>
 <dt>cost</dt>
<dd>Total cost in 1970,
MM USD.</dd>
 <dt>output</dt>
<dd>Output in million KwH.</dd>
 <dt>lprice</dt>
<dd>Labor price.</dd><dt>lshare</dt>
<dd>Labor's cost share.</dd>
 <dt>cprice</dt>
<dd>Capital price.</dd><dt>cshare</dt>
<dd>Capital's cost share.</dd>
 <dt>fprice</dt>
<dd>Fuel price.</dd><dt>fshare</dt>
<dd>Fuel's cost share.</dd>
 
</dl>

Format

Data on U.S. electric power generation — electricity

A data frame with 123 observations on the following 9 variables.<dl>
<dt>firm</dt>
<dd>Firm identification.</dd>
 <dt>cost</dt>
<dd>Total cost in 1970,
MM USD.</dd>
 <dt>output</dt>
<dd>Output in million KwH.</dd>
 <dt>lprice</dt>
<dd>Labor price.</dd>

<dt>lshare</dt>
<dd>Labor's cost share.</dd>
 <dt>cprice</dt>
<dd>Capital price.</dd>

<dt>cshare</dt>
<dd>Capital's cost share.</dd>
 <dt>fprice</dt>
<dd>Fuel price.</dd>

<dt>fshare</dt>
<dd>Fuel's cost share.</dd>
 
</dl>

electricity: Data on U.S. electric power generation

Description

Arguments

Format

Details

References

Examples