This is a data set on the yearly expenditures of the US-States in 2013. Furthermore, the data describe some relevant characteristics of these states.
data.govexpend
A data frame with 50 observations on the following 5 variables:
state | name of the state. |
expend | total state expenditures per capita (in dollar). |
aid | federal aid received by this state (in million dollar). |
gdp | gross domestic product (in million dollar). |
pop | population (in million). |
In Auer et al. (2024, Chap. 17) these data are used to illustrate the consequences of heteroscedastic error terms.
Auer, L.v., Hoffmann, S. & Kranz, T. (2024): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).