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data.trade: Gravity Model Applied to Germany

Description

This is a data set on German trade with its 27 EU-partners in 2014.

Usage

data.trade

Arguments

Format

A data frame with 27 observations on the following five variables:

countryname of member state.
importsGerman imports from member state (in million euro).
exportsGerman exports to member state (in million euro).
gdpgross domestic product of member state (in million euro).
distdistance between member state and Germany (in km).

Details

In Auer et al. (2024, Chaps. 9 & 14) these data are used to illustrate the estimation and functional specification of a multivariate linear regression model.

References

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