| createdata {clptheory} | R Documentation |
Create data set for analysis.
Description
This function creates the data objects (matrices, vectors and scalars) necessary to implement the SI and NI.
Usage
createdata(country, year, datasea, dataio)
Arguments
country |
country code as a character (e.g. "USA"). |
year |
year (eg. 2000). |
datasea |
the socio economic accounts (data frame). |
dataio |
the input-output (data frame). |
Value
A list with the following elements:
Ahat |
The input-output matrix |
l |
The direct labor input vector (complex labor) |
l_simple |
The direct labor input vector (simple labor) |
Q |
The gross output vector |
wavg |
The average or uniform nominal wage rate |
wagevector_all |
The vector of nominal wage rates |
vlp |
Value of labor power |
b |
The consumption or real wage bundle |
pshare |
Average profit share |
References
Basu, Deepankar and Moraitis, Athanasios, "Alternative Approaches to Labor Values andPrices of Production: Theory and Evidence" (2023). Economics Department Working Paper Series. 347. URL: https://scholarworks.umass.edu/econ_workingpaper/347/
Examples
createdata(country="USA",year=2010,datasea=usasea,dataio=usaiot)