Table 1: Summary Statistics
|
Mean |
Standard | |
|
Cost in current dollars (x1,000) |
433 |
2,813 |
|
Input expenditure shares | ||
|
Capital |
0.379 |
0.151 |
|
Labor |
0.173 |
0.115 |
|
Energy |
0.042 |
0.029 |
|
Materials |
0.405 |
0.161 |
|
Revenue/cost |
1.20 |
0.831 |
|
Output index (x1,000) |
525 |
2,743 |
|
Acres |
988 |
984 |
|
Price indices | ||
|
Output |
1.005 |
0.098 |
|
Capital |
0.999 |
0.033 |
|
Labor |
1.013 |
0.129 |
|
Energy |
1.001 |
0.029 |
|
Materials |
1.001 |
0.099 |
|
Number of observations |
5,528 |
26
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