ABdata {pdynmc}

Employment, wages, capital, and output for companies based in the UK

Description

Unbalanced panel dataset of 140 firms from different sectors located in the UK which were observed over the years 1976 until 1984. The dataset contains the variables firm, year, sector, employment, wages, capital, and output and was used in Arellano and Bond (1991) which also provides more details on the different variables.

Usage

data(ABdata)

Format

A dataset with 1031 rows and 7 variables containing:

firm

firm identifier

year

year

sector

sector

emp

number of firm employees in the UK

wage

real wage

capital

gross capital stock

output

industry output

References

Arellano M, Bond S (1991). “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.” The Review of Economic Studies, 58(2), 277–297. doi:10.2307/2297968.

Examples

## Not run: 
  data(ABdata, package = "pdynmc")
  n <- ABdata$emp
  w <- ABdata$wage
  \donttest{plot(y = n, x = w)}

## End(Not run)