Dataset:   uktea.dat

Source: E.J. Broster (1939). "Elasticities of Demand for Tea and Price 
Fixing Policy", The Review of Economic Studies, Vol6,#3, pp165-176.

Description: UK tea consumption, price, and national income
1924-1936

Proposed model:   C=k*(p^-n)*(I^A)
where C=consumption, p=price, n=price elasticity of demand, 
   I=national income, A=income elasticity of demand

Linear model:  ln(C)=ln(k)-nln(p)+Aln(I)

Variables/Columns
Year  5-8
Consumption (weitht in millions of pounds)  12-16
Real price (in pence/lb in 1936 pounds sterling)   21-24
Real National Income  (millions of 1936 pound sterling)   29-32