Description

US time series data on prices and cost shares in manufacturing, 1947–1971.

Usage

Format

An annual multiple time series from 1947 to 1971 with 9 variables.

cost

Cost index.

capitalcost

Capital cost share.

laborcost

Labor cost share.

energycost

Energy cost share.

materialscost

Materials cost share.

capitalprice

Capital price.

laborprice

Labor price.

energyprice

Energy price.

materialsprice

Materials price.

Source

Online complements to Greene (2003).

https://pages.stern.nyu.edu/~wgreene/Text/tables/tablelist5.htm

References

Berndt, E. and Wood, D. (1975). Technology, Prices, and the Derived Demand for Energy. Review of Economics and Statistics, 57, 376–384.

Greene, W.H. (2003). Econometric Analysis, 5th edition. Upper Saddle River, NJ: Prentice Hall.

See Also

Greene2003

Examples