Cross Country Growth Panel

Description

Cross country GDP growth panel covering the period 1960-1995 used by Liu and Stengos (2000) and Maasoumi, Racine, and Stengos (2007). There are 616 observations in total. data("oecdpanel") makes available the dataset "oecdpanel" plus an additional object "bw".

Usage

data("oecdpanel")

Format

A data frame with 7 columns, and 616 rows. This panel covers 7 5-year periods: 1960-1964, 1965-1969, 1970-1974, 1975-1979, 1980-1984, 1985-1989 and 1990-1994.

A separate local-linear rbandwidth object (bw) has been computed for the user's convenience which can be used to visualize this dataset using plot(bw).

growth

the first column, of type numeric: growth rate of real GDP per capita for each 5-year period

oecd

the second column, of type factor: equal to 1 for OECD members, 0 otherwise

year

the third column, of type integer

initgdp

the fourth column, of type numeric: per capita real GDP at the beginning of each 5-year period

popgro

the fifth column, of type numeric: average annual population growth rate for each 5-year period

inv

the sixth column, of type numeric: average investment/GDP ratio for each 5-year period

humancap

the seventh column, of type numeric: average secondary school enrolment rate for each 5-year period

Source

Thanasis Stengos

References

Liu, Z. and T. Stengos (1999), “Non-linearities in cross country growth regressions: a semiparametric approach,” Journal of Applied Econometrics, 14, 527-538.

Maasoumi, E. and J.S. Racine and T. Stengos (2007), “Growth and convergence: a profile of distribution dynamics and mobility,” Journal of Econometrics, 136, 483-508

Examples

data("oecdpanel")
attach(oecdpanel)
summary(oecdpanel)
detach(oecdpanel)