TradeEU: Trade in the European Union

In pder: panel data econometrics with R

Description

yearly observations of 91 Pairs of countries from 1960 to 2001

number of observations : 3822

country : Europe

economic topic : International Economics

econometrics topic : Endogeneity

Usage

data(TradeEU)

Format

A dataframe containing :

year

the year

pair

a pair of countries

trade

the sum of logged exports and imports, bilateral trade flow

gdp

the sum of the logged real GDPs

sim

a measure of similarity between two trading countries;

rlf

a measure of relative factor endowments;

rer

the logged bilateral real exchange rate;

cee

a dummy equal to 1 when both belong to European Community;

emu

a dummy equal to 1 when both adopt the common currency;

dist

the geographical distance between capital cities;

bor

a dummy equal to 1 when the trading partners share a border;

lan

a dummy equal to 1 when both speak the same language;

rert

the logarithm of real exchange rates between the European currencies and the U.S. dollar;

ftrade

the time specific common factors (individual means) of the variables trade

fgdp

the time specific common factors (individual means) of the variables gdp

fsim

the time specific common factors (individual means) of the variables sim

frlf

the time specific common factors (individual means) of the variables rlf

frer

the time specific common factors (individual means) of the variables rer

Source

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

References

Serlenga, Laura and Yongcheol Shin (2007) “Gravity models of intra-EU trade: application of the CCEP-HT estimation in heterogenous panels with unobserved common time-specific factors”, Journal of Applied Econometrics, 22, 361–381.

See Also

Index.Economics, Index.Econometrics

pder documentation built on May 2, 2019, 6:49 p.m.