| CartelStability {AER} | R Documentation |
CartelStability
Description
Weekly observations on prices and other factors from 1880–1886, for a total of 326 weeks.
Usage
data("CartelStability")Format
A data frame containing 328 observations on 5 variables.
- price
weekly index of price of shipping a ton of grain by rail.
- cartel
factor. Is a railroad cartel operative?
- quantity
total tonnage of grain shipped in the week.
- season
factor indicating season of year. To match the weekly data, the calendar has been divided into 13 periods, each approximately 4 weeks long.
- ice
factor. Are the Great Lakes innavigable because of ice?
Source
Online complements to Stock and Watson (2007).
References
Porter, R. H. (1983). A Study of Cartel Stability: The Joint Executive Committee, 1880–1886. The Bell Journal of Economics, 14, 301–314.
Stock, J.H. and Watson, M.W. (2007). Introduction to Econometrics, 2nd ed. Boston: Addison Wesley.
See Also
Examples
data("CartelStability")
summary(CartelStability)