worldprod: Data on world production

worldprodR Documentation

Data on world production

Description

This dataset provides information on production related variables for eighty-two countries over the period 1960–1987.

Format

A data frame with 2,296 observations on the following 12 variables.

country

Country name.

code

Country identification.

yr

Year identification.

y

GDP in 1987 U.S. dollars.

k

Physical capital stock in 1987 U.S. dollars.

l

Labor (number of individuals in the workforce between the age of 15 and 64).

h

Human capital-adjusted labor.

ly

Log of y.

lk

Log of k.

ll

Log of l.

lh

Log of h.

initStat

Log of the initial capital to labor ratio of each country, lk - ll, measured at the beginning of the sample period.

Details

The dataset is from the World Bank STARS database and has been used in Kumbhakar et al. (2014).

Source

https://sites.google.com/view/sfbook-stata/home

References

Kumbhakar, S.C., H.J. Wang, and A. Horncastle. 2014. A Practitioner's Guide to Stochastic Frontier Analysis Using Stata. Cambridge University Press.

Examples


str(worldprod)
summary(worldprod)

sfaR documentation built on Oct. 29, 2024, 9:07 a.m.