utility

This dataset contains data on fossil fuel fired steam electric power
generation plants in the United States between 1986 and 1996.

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

utility function

A data frame with 791 observations on the following 11 variables.<dl>
<dt>firm</dt>
<dd>Plant identification.</dd>
 <dt>year</dt>
<dd>Year
identification.</dd>
 <dt>y</dt>
<dd>Net-steam electric power generation in
megawatt-hours.</dd>
 <dt>regu</dt>
<dd>Dummy variable which takes a value equal to 1
if the power plant is in a state which enacted legislation or issued a
regulatory order to implement retail access during the sample period, and 0
otherwise.</dd>
 <dt>k</dt>
<dd>Capital stock.</dd>
 <dt>labor</dt>
<dd>Labor and maintenance.</dd><dt>fuel</dt>
<dd>Fuel.</dd>
 <dt>wl</dt>
<dd>Labor price.</dd>
 <dt>wf</dt>
<dd>Fuel price.</dd><dt>wk</dt>
<dd>Capital price.</dd>
 <dt>tc</dt>
<dd>Total cost.</dd>
 
</dl>

Format

Data on U.S. electricity generating plants — utility

A data frame with 791 observations on the following 11 variables.<dl>
<dt>firm</dt>
<dd>Plant identification.</dd>
 <dt>year</dt>
<dd>Year
identification.</dd>
 <dt>y</dt>
<dd>Net-steam electric power generation in
megawatt-hours.</dd>
 <dt>regu</dt>
<dd>Dummy variable which takes a value equal to 1
if the power plant is in a state which enacted legislation or issued a
regulatory order to implement retail access during the sample period, and 0
otherwise.</dd>
 <dt>k</dt>
<dd>Capital stock.</dd>
 <dt>labor</dt>
<dd>Labor and maintenance.</dd>

<dt>fuel</dt>
<dd>Fuel.</dd>
 <dt>wl</dt>
<dd>Labor price.</dd>
 <dt>wf</dt>
<dd>Fuel price.</dd>

<dt>wk</dt>
<dd>Capital price.</dd>
 <dt>tc</dt>
<dd>Total cost.</dd>
 
</dl>

utility: Data on U.S. electricity generating plants

Description

Arguments

Format

Details

References

Examples