* The Simultaneous Equations Model for the U.S. Agricultural Market: Labor and Wage; ------------------------------------------------------------------- storage display variable name type format variable label ------------------------------------------------------------------- labor float %9.0g person days of farm labor wage float %9.0g average farm wage/hour re float %9.0g research & extension expenditures land float %9.0g value of farmland othexp float %9.0g nonlabor operating expenses sch float %9.0g years of schooling, rural males othwag float %9.0g alternative wage lnlabor float %9.0g log labor lnwage float %9.0g log wage lnre float %9.0g log re lnland float %9.0g log land lnothexp float %9.0g log othexp lnsch float %9.0g log sch lnothwage float %9.0g log othwage ------------------------------------------------------------------- data se; labor wage re land othexp sch othwag / lnlabor lnwage lnre lnland lnothexp lnsch lnothwage; --------------------------------------------------------------------------- 25529 .982 8766.6 472585 452.6 9.8 2.25 10.14757 -.018164 9.078704 13.06597 6.115009 2.282382 .8109302 31859 .892 11565.4 725840 553.8 9.1 2.4 10.36907 -.1142891 9.355773 13.49508 6.316803 2.208274 .8754688 10051 .922 3687.6 230998 179.6 8.9 2.54 9.215427 -.0812101 8.212731 12.35016 5.190732 2.186051 .9321641 36222 .816 5815.9 666885 584.8 8.8 2.25 10.49742 -.2033409 8.668351 13.41037 6.37127 2.174752 .8109302 42761 .799 6231.3 1640037 685.4 9.3 2.52 10.66338 -.2243943 8.73734 14.31023 6.530003 2.230014 .9242589 39361 .791 6692.5 1871216 730.9 9.4 2.4 10.58053 -.2344573 8.808743 14.4421 6.594277 2.24071 .8754688 52663 .859 7053 4295734 1229.7 8.9 2.63 10.87167 -.1519863 8.861208 15.27313 7.114525 2.186051 .9669839 35407 .842 7400.3 876121 497.2 8.8 2.55 10.47466 -.1719753 8.909276 13.68326 6.208992 2.174752 .9360933 53217 .84 7175.8 1240916 688 8.6 2.46 10.88213 -.1743534 8.878469 14.03136 6.533789 2.151762 .9001614 53087 .898 5869.9 1925256 961.4 8.6 2.29 10.87969 -.1075852 8.677593 14.47057 6.868391 2.151762 .8285518 62530 .938 7004.2 4429933 1685.7 9 2.2 11.0434 -.0640053 8.854265 15.30389 7.429936 2.197225 .7884574 51799 .739 4960.9 1650140 676 8.6 2.46 10.85513 -.3024573 8.509342 14.31637 6.516193 2.151762 .9001614 20513 .864 2513.3 935823 317.3 8.6 1.84 9.928814 -.1461825 7.829352 13.74918 5.759848 2.151762 .6097656 20730 .84 2386 990941 371 8.8 1.85 9.939337 -.1743534 7.777374 13.80641 5.916202 2.174752 .6151857 34298 .895 4009.8 2257099 793.7 9.1 2.04 10.44284 -.1109316 8.296496 14.62959 6.676705 2.208274 .7129498 32990 .892 3735 3002029 739.7 9.1 2.22 10.40396 -.1142891 8.225503 14.9148 6.606245 2.208274 .7975072 12252 .882 3967.5 355065 259.7 8.3 2.26 9.413445 -.1255632 8.285892 12.78006 5.559527 2.116256 .8153648 34696 .674 5585.8 722592 319.3 7.3 1.8 10.45438 -.3945251 8.627983 13.4906 5.766131 1.987874 .5877866 11668 .627 2485.9 229687 90.7 8.3 2.1 9.364605 -.4668088 7.81839 12.34447 4.507557 2.116256 .7419373 70574 .61 8896.6 955789 515.6 7.2 1.48 11.16442 -.4942963 9.093425 13.77029 6.245331 1.974081 .3920421 31833 .434 3750.7 356292 203.1 6.8 1.46 10.36826 -.8347108 8.229698 12.78351 5.313698 1.916923 .3784365 37216 .518 6856.3 467188 464 7.3 1.49 10.52449 -.6577801 8.832923 13.05449 6.139884 1.987874 .3987761 26924 .659 6505 850883 321.3 7.8 1.6 10.20077 -.4170318 8.780327 13.65403 5.772375 2.054124 .4700036 44765 .618 4967.8 986455 328.6 8 1.84 10.70918 -.4812669 8.510733 13.80187 5.794841 2.079442 .6097656 45542 .528 4745.2 848671 321.3 7.8 1.6 10.72639 -.638659 8.464889 13.65143 5.772375 2.054124 .4700036 32369 .508 5723.3 448366 311.6 7.4 1.59 10.38496 -.6772738 8.652301 13.01336 5.74172 2.00148 .463734 50227 .471 5661.8 640725 328.6 7.4 1.24 10.82431 -.7528972 8.641497 13.37036 5.794841 2.00148 .2151114 36789 .637 4226.3 778926 348.8 8.1 1.25 10.51295 -.4509856 8.349082 13.56567 5.854499 2.091864 .2231435 24744 .57 6351.1 575789 216.6 6.1 1.71 10.11634 -.5621189 8.756383 13.2635 5.378052 1.808289 .5364934 27163 .857 5054.2 1498237 366.9 8.7 1.91 10.20961 -.1543174 8.527975 14.2198 5.905089 2.163323 .6471033 84129 .74 10436 5727537 1230.9 8.4 1.88 11.34011 -.3011051 9.253016 15.5608 7.115501 2.128232 .6312718 11599 .902 2706.6 882869 217.1 9.1 2.17 9.358674 -.1031407 7.903449 13.69093 5.380358 2.208274 .7747272 12949 .965 2192.1 850568 239.1 10.5 2.18 9.468774 -.0356272 7.692616 13.65366 5.476882 2.351375 .7793249 14992 .869 2882.2 805268 87.6 9.5 2.28 9.615272 -.1404121 7.966309 13.59893 4.472781 2.251292 .8241754 16878 .815 3611.2 982332 377.5 8.5 2.21 9.733767 -.2045672 8.191795 13.79768 5.93357 2.140066 .7929925 11856 .926 4183.7 932782 561.4 10.6 2.43 9.380589 -.076881 8.338951 13.74593 6.330434 2.360854 .8878913 17971 1.23 5025.1 819804 304.6 10.1 2.43 9.796515 .2070142 8.522201 13.61682 5.718999 2.312536 .8878913 15004 1.14 5163 965494 227.1 9.9 2.46 9.616072 .1310282 8.549273 13.7804 5.42539 2.292535 .9001614 70764 1.17 15301.6 5906140 1452.5 9.6 2.66 11.16711 .1570037 9.635713 15.5915 7.281042 2.261763 .9783261