PWT: Penn Word Tables

Description Usage Format Details Source References Examples

Description

Macro data on 29 countries for the years 1950 to 1992, obtained form the Penn World Table, Mark 5.

Usage

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data("PWT")

Format

A data frame containing annual data for 29 countries from 1950 to 1992 with 5 variables, in long form.

id

Country identifier, an integer.

year

Annual date of the observation.

pop

Population.

rgdpl

Laspeyres real GDP.

rinv

Laspeyres real investment.

Details

The data are from the Penn World Table (Mark 5), see Summers and Heston (1991).

Source

Journal of Applied Econometrics Data Archive for Pedroni (2007).

http://qed.econ.queensu.ca/jae/datasets/pedroni001/

References

Pedroni P (2007). Social Capital, Barriers to Production and Capital Shares: Implications for the Importance of Parameter Heterogeneity from a Nonstationary Panel Approach. Journal of Applied Econometrics, 22(2), 429–451.

Summers R, Heston A (1991). The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950–1988. Quarterly Journal of Economics, 106, 327–368.

Examples

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data("PWT")
library("CADFtest")

## selected values from Pedroni, ...

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