+---------------+-------------------+
| Electricity   | R Documentation   |
+---------------+-------------------+

Cost Function for Electricity Producers
---------------------------------------

Description
~~~~~~~~~~~

a cross-section from 1970 to 1970

*number of observations* : 158

*observation* : production units

*country* : United States

Usage
~~~~~

::

    data(Electricity)

Format
~~~~~~

A dataframe containing :

cost
    total cost

q
    total output

pl
    wage rate

sl
    cost share for labor

pk
    capital price index

sk
    cost share for capital

pf
    fuel price

sf
    cost share for fuel

Source
~~~~~~

Christensen, L. and W. H. Greene (1976) “Economies of scale in U.S.
electric power generation”, *Journal of Political Economy*, **84**,
655-676.

References
~~~~~~~~~~

Greene, W.H. (2003) *Econometric Analysis*, Prentice Hall,
`http://www.prenhall.com/greene/greene1.html <http://www.prenhall.com/greene/greene1.html>`_,
chapter 4, 317-320.

Hayashi, F. (2000) *Econometrics*, Princeton University Press,
`http://www.e.u-tokyo.ac.jp/~hayashi/hayashi\_econometrics.htm <http://www.e.u-tokyo.ac.jp/~hayashi/hayashi_econometrics.htm>`_,
chapter 1, 76-84.

See Also
~~~~~~~~

``Index.Source``, ``Index.Economics``, ``Index.Econometrics``,
``Index.Observations``
