openness

Description

Wooldridge Source: D. Romer (1993), “Openness and Inflation: Theory and Evidence,” Quarterly Journal of Economics 108, 869-903. The data are included in the article. Data loads lazily.

Usage

data('openness')

Format

A data.frame with 114 observations on 12 variables:

• open: imports as percent GDP, '73-

• inf: avg. annual inflation, '73-

• pcinc: 1980 per capita inc., U.S. $

• land: land area, square miles

• oil: =1 if major oil producer

• good: =1 if 'good' data

• lpcinc: log(pcinc)

• lland: log(land)

• lopen: log(open)

• linf: log(inf)

• opendec: open/100

• linfdec: log(inf/100)

Used in Text

pages 566, 579

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples

 str(openness)