COST I II III IV V VI 1 3.154 3.859 19.035 35.229 33.154 73.050 2 4.271 5.535 26.041 51.111 40.044 98.846 3 4.584 8.127 32.444 61.045 43.125 138.88 4 5.849 10.966 41.180 77.885 57.727 191.56 /* Data Description: Panel data of total generation cost (including fuel, labor, and capital costs) in millions of dollars for six firms (I, II, III, IV, V, IV) in four time periods (1, 2, 3, 4) Data Source: W. Greene, "Simutaneous Estimation of Factor Subsititution, Economies of Scale, and Non-Neutral Technical Change," in A. Dogramaci, ed. Econometric Analyses of Productivity, Kluwer-Nijoff, Boston, 1983. Also see W. Greene [1997], Chap. 14, p. 614. */