Solow {pder} | R Documentation |
Growth Model
Description
yearly observations of 97 countries from 1960 to 1985
number of observations : 576
number of time-series : 6
country : world
package : panel
JEL codes: O47, O41
Chapter : 07
Usage
data(Solow)
Format
A dataframe containing:
- id
country id
- year
year
- lgdp
log of gdp per capita
- lsrate
log of the saving rate, approximated by the investement rate
- lpopg
log of population growth + 0.05 (which is an approximation of the sum of the rate of labor-augmenting technological progress and of the rate of depreciation of physical capital)
Source
author's website https://www.nuffield.ox.ac.uk/users/bond/index.html
References
Caselli, Francesco; Esquivel, Gerardo and Fernando Lefort (1996) “Reopening the Convergence Debate: a New Look at Cross-country Growth Empirics”, Journal of Economic Growth, 1, 363-389, doi: 10.1007/BF00141044 .
Bond, Stephen; Hoeffler, Anke and Johnatan Temple (2001) “GMM Estimation of Empirical Growth Model”, CEPR Discussion Paper, 3048, 1-33.