Description Usage Format Source References See Also

yearly observations of 31 countries from 1963 to 1986

*number of observations* : 744

*country* : developing countries

*economic topic* : macroeconomics

*econometrics topic* : endogeneity

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A dataframe containing :

- country
country name

- year
year

- exports
nominal exports deflated by the unit value of exports per capita

- imports
nominal imports deflated by the unit value of exports per capita

- resimp
official foreing reserves (in US dollars) divided by nominal imports (in US dollars)

- gnp
real GNP per capita

- pgnp
trend real GNP per capita calculated by fitting linear trend yit*=y0iexp(gi t), where y0i is the initial value of real gnp per capita for country i and gi is the ith country's average growth rate over 1964-1986

- gnpw
real genp for USA per capita

- pm
unit value of imports (in US dollars), 1980 = 100

- px
unit value of exports (in US dollars), 1980 = 100

- cpi
domestic CPI, 1980 = 100

- pw
uS producer's price index, 1980 = 100

- exrate
exchange rate (price of US dollars in local currency), 1980 = 1

- consump
domestic consumption per capita,

- invest
domestic fixed gross investment per capita

- income
domestic disposable income per capita

- pop
population

- reserves
official foreing reserves (in US dollars)

- money
domestic money supply per capita

- trend
trend dummy, 1964 = 1

- pwcpi
log of us producer price index divided by domestic cpi

- importspmpx
log of nominal imports divided by export prices

- pmcpi
log of imports price divided by domestic cpi

- pxpw
log of exports price divided by domestic cpi

Journal of Applied Econometrics data archive : http://jae.wiley.com/jae/.

Kinal, T. and K. Lahiri (1993) “On the estimation of simultaneous-equations error-components models with an application to a model of developing country foreign trade”, *Journal of Applied Economics*, **8**, 81-92.

`Index.Economics`

, `Index.Econometrics`

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