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desk (version 1.1.2)

data.income: Income Per Capita

Description

This data set describes major macroeconomic variables determining the differences in per capita income of 75 countries in 1985.

Usage

data.income

Arguments

Format

A data frame with 75 observations on the following three variables:

loginclogarithmic per capita income.
logsavelogarithmic savings rate.
logsumlogarithmic sum of population growth rate, technical progress and capital depreciation.

Details

In Auer (2023, Chap. 19) and Auer et al. (2024, Chap. 19) these data are used to illustrate the detection and consequences of error terms that are not normally distributed.

References

Auer, L.v. (2023): Ökonometrie - Eine Einführung, 8th ed., Springer-Gabler (https://www.oekonometrie-lernen.de).

Auer, L.v., Hoffmann, S. & Kranz, T. (2024): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).