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

data('pwt')

Format

A data.frame with 3250 observations on 8 variables:

  • country_id: a numeric identifier for each country

  • communist: = TRUE if country has communist government

  • opec_member: = TRUE if country is an OPEC member

  • year: year

  • population: population ('000s)

  • real_gdp_capita: real GDP per capita (in 1980 US Dollars)

  • savings_rate: savings rate, in percent

  • country_name: name of the country

Source

https://sites.google.com/site/fumiohayashi/hayashi-econometrics/data-for-empirical

Details

A panel data set on 125 countries over 26 years covering macroeconomic variables. Known as the Penn World Table, or the Summers-Heston data.

Notes

Used in the Empirical Exercise of Chapter 5.

Examples

str(pwt)
#> 'data.frame': 3250 obs. of 8 variables: #> $ country_id : int 1 1 1 1 1 1 1 1 1 1 ... #> $ communist : logi FALSE FALSE FALSE FALSE FALSE FALSE ... #> $ opec_member : logi FALSE FALSE FALSE FALSE FALSE FALSE ... #> $ year : num 1960 1961 1962 1963 1964 ... #> $ population : num 10800 11016 11236 11460 11690 ... #> $ real_gdp_capita: int 1723 1599 1275 1517 1589 1584 1548 1600 1758 1835 ... #> $ savings_rate : num 19.9 21.1 15 13.9 10.6 11 8.3 11.3 15.1 18.2 ... #> $ country_name : chr "algeria" "algeria" "algeria" "algeria" ...