plm (version 1.5-12)

Grunfeld: Grunfeld's Investment Data

Description

A balanced panel of 10 observational units (firms) from 1935 to 1954

total number of observations : 200

observation : production units

country : United States

Usage

data(Grunfeld)

Format

A data frame containing :

firm

observation

year

date

inv

gross Investment

value

value of the firm

capital

stock of plant and equipment

Source

Online complements to Baltagi (2001): http://www.wiley.com/legacy/wileychi/baltagi/ http://www.wiley.com/legacy/wileychi/baltagi/supp/Grunfeld.fil Online complements to Baltagi (2013): http://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452

References

Baltagi, Badi H. (2001) Econometric Analysis of Panel Data, 2nd ed., John Wiley and Sons; accompanying website http://www.wiley.com/legacy/wileychi/baltagi/. Baltagi, Badi H. (2013) Econometric Analysis of Panel Data, 5th ed., John Wiley and Sons; accompanying website http://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452. Grunfeld, Yehuda (1958) The Determinants of Corporate Investment, Ph.D. thesis, Department of Economics, University of Chicago. Kleiber, C./Zeileis, A. (2010) “The Grunfeld Data at 50”, German Economic Review, 11(4), pp. 404--417, http://dx.doi.org/10.1111/j.1468-0475.2010.00513.x; website accompanying the paper with various variants of the Grunfeld data: http://statmath.wu-wien.ac.at/~zeileis/grunfeld/.

See Also

For the complete Grunfeld data (11 firms), see Grunfeld, in the AER package.

Examples

## Not run: 
# # Compare plm's Grunfeld data to Baltagi's (2001) Grunfeld data:
#   data(Grunfeld, package="plm")
#   Grunfeld_baltagi2001 <- read.csv("http://www.wiley.com/legacy/wileychi/
#     baltagi/supp/Grunfeld.fil", sep="", header = FALSE)
#   library(compare)
#   compare::compare(Grunfeld, Grunfeld_baltagi2001, allowAll = T) # same data set
#   ## End(Not run)