| data.income {desk} | R Documentation |
Income Per Capita
Description
This data set describes major macroeconomic variables determining the differences in per capita income of 75 countries in 1985.
Usage
data.income
Format
A data frame with 75 observations on the following three variables:
loginc | logarithmic per capita income. |
logsave | logarithmic savings rate. |
logsum | logarithmic sum of population growth rate, technical progress and capital depreciation. |
Details
In Auer (2023, Chap. 19) and Auer et al. (2023, Chap. 19) these data are used to illustrate the detection and consequences of error terms that are not normally distributed.
Source
Mankiw, N.G., Romer, D. & Weil, D.N. (1992): A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics, 107, 407-437
Summers, R., Heston, A. (1988): A new set of International Comparisons of Real Product and Price Levels Estimates for 130 Countries, 1950–1985, Review of Income and Wealth, 34(1), 1-25
References
Auer, L.v. (2023): Ökonometrie - Eine Einführung, 8th ed., Springer-Gabler (https://www.oekonometrie-lernen.de).
Auer, L.v., Hoffmann, S. & Kranz, T. (2023): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).