abond_panel: UK Company Data Panel

In OrthoPanels: Dynamic Panel Models with Orthogonal Reparameterization of Fixed Effects

UK Company Data Panel

Description

The dynamics of labour demand of firm id in the United Kingdom in year year as a function of real product wages, gross capital stock and industry output. This is done using the data used by Arellano and Bond (1991).

Format

A data frame with 813 rows and 16 variables

Details

A survey of 1845 respondents using 3 waves of panel survey data from the 2010 British Election Study. The variables are as follows:

• id case number

• year time wave

• n log of employment in firm id at time year

• w natural log of the real product wage

• k natural log of gross capital stock

• ys natural log of industry output

• l_w lag of w

• l_k lag of k

• l2_k two-step lag of k

• l_ys lag of ys

• l2_ys two-step lag of ys

• yr1980..yr1984 time dummies

References

Arrelano M., and Bond S. (1991) Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. Review of Economic Studies, 58(2), 277–297.

OrthoPanels documentation built on June 9, 2022, 9:05 a.m.